Cariola Díez Pérez-Cotapos has counselled Natixis Hong Kong Branch, as lender, on a credit facility of CL $278,597,326,700.00, denominated in Chilean pesos (US $320,000,000 approx.) granted to State Grid Chile Electricity SpA and guaranteed by the Chinese company State Grid International Development Limited. Thanks to this transaction, closed on 13 December 2022, the funds will […]
Tags : credit facility
Vouga Abogados has assisted CAF – Banco de Desarrollo de América Latina, in the granting of an uncommitted credit line in favour of the state-owned Banco Nacional de Fomento for up to USD $50,000,000. Thanks to this transaction, the Banco Nacional de Fomento will be able to finance its clients qualified as micro, small and […]
Cleary Gottlieb has counselled the Comisión Federal de Electricidad (CFE), Mexico’s state-owned electric utility, on a $100 million credit facility to a CFE-sponsored special purpose trust that intends to use the funds to invest in renewable energy projects in Mexico. J.P. Morgan acted as administrative agent, lead arranger, bookrunner and lender. CFE acted as co-obligor […]
Machado Meyer Advogados worked in this deal that was US$800MM credit facility arranged by HSBC, granted to Suzano by the Finnish Export Credit Agency, and guaranteed by Finnvera (Finnish export credit agency).The facility will be provided in the context of acquisition of equipment and services provision relating to Project Cerrado, to be developed by Suzano […]
Banking & Finance
Restructurings
Cuatrecasas counsels on restructuring of $120m Andean Telecom credit facility
Cuatrecasas, through a multi-jurisdictional team, has counselled The Bank of Nova Scotia, Deutsche Bank AG, JP Morgan Chase Bank and Goldman Sachs Bank USA on the amendment of a revolving credit facility of up to US$120 million granted to Grupo Andean Telecom Partners. The facility will be used to expand the group’s operations in Latin […]
Cleary Gottlieb has counselled Banco Davivienda, as borrower, in connection with a USD 160 million senior unsecured credit facility. The Credit Agreement was signed on 19 October and the transaction closed on 24 October. Citibank acted as administrative agent, while BofA Securities, Citigroup Global Markets and Wells Fargo Bank acted as joint lead arrangers and […]
Ferrere, through its Uruguay team, has assisted a consortium of banks, including Sumitomo Mitsui Banking Corporation and Bank of America, in providing a credit facility of approximately US$220 million to Alicorp. The proceeds of the loan, which was closed at the end of August, will be used to refinance a debt facility, as well as […]
Philippi Prietocarrizosa Ferrero DU & Uría has counselled Megacentro Industriales Sur, as borrower, in connection with a $12.8 million credit facility granted by Banco de Crédito del Perú (BCP). The advice included the negotiation of the financing documents, the modification of existing agreements related to a previous loan granted by the bank. Thanks to this […]
Cuatrecasas, through its team in Santiago de Chile, has assisted Softys Brazil, as borrower, and Empresas CMPC, as guarantor, in a US$37 million financing, to be used for general corporate purposes, underwritten under the laws of Brazil. The loan was granted on 25 July, where BNP Paribas acted as lender and was advised by Philippi […]
Cuatrecasas, through its team in Santiago de Chile, has advised Softys Brasil, as debtor, and Empresas CMPC, as guarantor, in the process of granting and underwriting a $51,000,000 USD credit facility under New York law for general corporate purposes. MUFG Bank acted as lender. Thanks to this transaction, Grupo CMPC will continue with its expansion […]
