Linkedin Vimeo
  1. Home
  2. News
  3. PPU acts for…

PPU acts for BNP Paribas on CMPC loan

  • News
  • 26 August 2020
  • 283
  • 2 minutes read

Philippi Prietocarrizosa Ferrero DU & Uría (PPU) has acted for BNP Paribas on the disbursement of a $100 million loan to Empresas CMPC, a Chilean pulp and paper producer

Marcelo Armas PPUThe loan is a sustainability-linked revolving credit facility in which BNP Paribas acted as joint lead arranger and sole sustainability coordinator, leading a group of banks involved in the transaction, and will also act as the administrative agent of the facility.

The other banks are Export Development Canada, MUFG Bank and Sumitomo Banking Corporation.

This is the first sustainability-linked loan for CMPC and the first for BNP Paribas in Latin America, and is the first in Chile with comprehensive environmental key performance indicators, and which include greenhouse gas emissions, industrial water use, industrial waste to landfill, and areas allocated for protection, conservation and restoration.

PPU’s team was led by partner Marcelo Armas (pictured), with associates Daniel Parodi and Macarena Soto.

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

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2025 © All rights Reserved. Design by Origami Creative Studio

SHARE