Scotiabank engages Chile’s PPU for $300m Codelco loan

Chilean law firm Philippi Prietocarrizosa Ferrero DU & Uría (PPU) has advised Scotiabank in relation to a $300 million credit line agreement with Corporación Nacional del Cobre de Chile (Codelco).

Chile copper

State-owned Codelco is the world’s largest copper producer.

PPU partner Marcelo Armas led the team advising the bank.

Law firm Prieto & Cía acted as legal counsel to Codelco, with a team led by partner Gerardo Cruzat and associates Francisco Monge and Isabel Monge.

adam.critchley@iberianlegalgroup.com

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