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PPU counsels lenders on Celulosa Arauco loan

  • News
  • 26 February 2020
  • 229
  • 2 minutes read

Philippi Prietocarrizosa Ferrero DU & Uría (PPU) has advised The Bank of Nova Scotia, Muzuho Bank, MUFG Bank, JP Morgan Chase Bank and Banco Santander on the granting of a $375 milllion revolving credit facility to Chilean wood pulp producer Celulosa Arauco y Constitución.

Marcelo Armas of PPUPPU partners Marcelo Armas (pictured) and Marcela Silva and associate Daniel Parodi comprised the team advising the lenders.

Celulosa Arauco was counselled in Chile by Portaluppi & Guzmán and by Simpson Thacher in the US.

The borrower was advised in the US by White & Case.

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.

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