Guerrero Olivos advises Banco Security on $41m loan in Chile

Chilean bank Banco Security instructed Guerrero Olivos on a $41 million credit facility granted to a private fund, managed by Tanner Asset Management.

 

dollarsBanco Security was founded in 1981 in Chile and it provides commercial and retail banking products and services to medium and large companies as well as individuals. 

Proceeds from the loan will be used to partially finance the acquisition of retail credits generated by Créditos, Organización y Finanzas S.A..

Senior counsel Miguel Coddou led the team at Guerrero Olivos acting for Banco Security.

Ignacio Abella

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