Chantal Kordula

Cleary counsels on Compañía Minera del Pacífico loan

Cleary Gottlieb has counselled Compañía Minera del Pacífico, a subsidiary of Chile’s largest iron ore producer, on a term loan facility with Sumitomo Mitsui Trust Bank as administrative agent, lead arranger and lender.

The credit facility includes an accordion option and the possibility of a green transition amendment. The transaction was signed on 6 November and the loan was disbursed on 8 November.

Cleary’s corporate team included partner Chantal Kordula (pictured) and associates Kiki Manzur and Rebecca Niederberger Martinez. Partner Matthew Brigham and associate Kathy Zhang advised on tax matters. Associates Ben Rosenblum and Anna Bintinger advised on Investment Company Act matters. All lawyers are based in New York, except Ben Rosenblum and Anna Bintinger who are based in Washington, D.C.

L Giselle Estrada

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