PPU instructed on airport financing in Chile

Philippi Prietocarrizosa Ferrero DU & Uría advised a syndicate of banks in the financing of the expansion of Santiago de Chile´s international airport.

Proceeds of the financing, which was granted in Chilean pesos and in dollars, will be used for the operation, maintenance, expansion and renovation of the existing terminal as well as the construction of a new terminal at the Arturo Merino Benítez International Airport.

The bank syndicate providing the financing included Banca IMI S.p.A. – London Branch, Santander, Credit Agricole, CaixaBank, Société Générale, Banco BICE, Banco de Crédito e Inversiones and Banco Santander – Chile.

Partner Marcelo Armas led the PPU team advising the banks.

Ignacio Abella