Cariola Díez Pérez-Cotapos counsels banks on $250m Salmones Multiexport loan

Chilean law firm Cariola Díez Pérez-Cotapos has advised a group of banks acting as lenders in connection with a $250 million restructuring and new credit facilities agreement with Chilean salmon producer Salmones Multiexport.

Juan Antonio Parodi of CariolaThe banks are Coöperatieve Rabobank, DNB Bank and Banco de Crédito e Inversiones.

The seven-year term financing was guaranteed by affiliates of the borrower and secured with real estate properties, aquaculture licenses, water rights and productive assets.

 Cariola Díez Pérez-Cotapos’ team was led by partner Juan Antonio Parodi (pictured), with associates Cristóbal Morales, Teresita Fernández and Valentina Barros.

 The legal adviser to Salmones Multiexport was in-house counsel Rubén Bascuñan.

adam.critchley@iberianlegalgroup.com

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