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Morgan & Morgan advises on Gaming & Services loan

  • News
  • 18 July 2020
  • 195
  • 1 minute read

Panamanian law form Morgan & Morgan has advised Gaming & Services de Panama, and Cirsa Enterprises Group, a gaming group with operations in Spain, Italy and a number of countries in Latin America, on a revolving credit facility agreement, and a loan agreement.

roberto vidalThe revolving credit facility is for €55 million ($62.8 million) with Deutsche Bank (London Branch) and Barclays Bank, and the term loan facility agreement is for an amount of up to €20 million, from Cirsa Finance International as guarantor and Sculptor Capital Mnagement, as fund manager.

Partner Roberto Vidal represented Morgan & Morgan in the transaction.

adam.critchley@iberianlegalgroup.com

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

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