Cariola Diez Perez-Cotapos has assisted Natixis, Hong Kong Branch, in its capacity as lender, in connection with a $90 million US dollar revolving credit facility in favour of Chilquinta Energía, as borrower, guaranteed by its Chinese parent company State Grid International Development Limited.
This transaction closed on 10 May, with Carey acting as advisor to Chilquinta Energía.
The loan proceeds are aimed at financing general corporate purposes, including construction financings for transmission projects.
The financing agreement, as well as the parent company guarantee, are governed by the laws of the Hong Kong Special Administrative Region.
Cariola’s team consisted of partner Rodrigo Sepúlveda (pictured left) and associate Glen Rybertt (pictured right).