Morales & Besa assists Ingevec with notes redemption

Morales & Besa successfully advised Chilean real estate developer Ingevec on a voluntary redemption offer of part of its C-Serie notes for a total outstanding capital amount of approximately $5.5 million.

Jose Miguel Carvajal of Morales & Besa“This was a very challenging transaction, since it required a high level of coordination to execute and settle, in a very limited time period, and given that it took place amid the Covid-19 pandemic and the quarantine measures implemented by the Chilean authorities.

The team involved in this operation was led by partner José Miguel Carvajal (pictured), together with senior associate Andrea Díaz and associate Mariana Schnettler.

adam.critchley@iberianlegalgroup.com

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