Clifford Chance advises on Todoplay financing

Clifford Chance advised Banco Santander Peru as sole lead arranger, bookrunner and lender — alongside the broader lender group — on multi-currency senior secured credit facilities extended to Todoplay, a sporting goods retailer operating in the Andean region, and certain of its subsidiaries in Peru, Chile and Ecuador.

The financing package comprises a term loan and revolving credit facilities denominated in US dollars, Peruvian Soles and Chilean Pesos. Proceeds will be used to consolidate existing debt and to support general corporate needs and operations across Todoplay’s subsidiary network.

The Clifford Chance deal team was led by counsel Alberto Haito (pictured) working from Washington, DC, supported by associate Maria Fernanda Gadea Rivera (New York).