Cariola Díez Pérez-Cotapos has represented Soprole, a Chilean dairy distributor and Chilean subsidiary of New Zealand holding company Fonterra Co-Operative Group Limited, as borrower, in connection with a term loan agreement entered into with The Hongkong and Shanghai Banking Corporation Limited (HSBC), acting through its Hong Kong branch, as lender. The loan of $120,000,000,000 Chilean […]
Tags : loan
Holland & Knight has assisted Bancóldex in obtaining a USD $292 million Colombian peso-linked loan from JP Morgan Chase. The transaction closed on 19 December 2022, with the Multilateral Investment Guarantee Agency (MIGA) acting as guarantor. The loan is expected to help Bancóldex strengthen Colombia’s financial position by providing financing loans to micro and small […]
Ecuadorian law firm Flor Bustamante Pizarro & Hurtado has represented WorldBusiness Capital (WBC) in the $15 million long-term loan granted to Cooperativa de Ahorro y Crédito Alianza del Valle. The loan was also partially provided with the support of the U.S. International Development Finance Corporation (DFC). Thanks to this transaction, Alianza del Valle will use […]
Clifford Chance has assisted IDB Invest and Bancolombia in a $656 billion multi-tranche, multi-currency financing to developer Solarpack to finance solar PV projects in Colombia. This is the largest financing of solar plants in Colombia to date and also the first financing of projects awarded under the country’s renewable energy auction. The loan will support […]
Estudio Echecopar, associated with Baker & McKenzie International, has advised Red de Energía del Perú, as borrower, in connection with the granting of a USD $105,997,687.54 senior unsecured loan under the laws of the State of New York by Export Development Canada. The proceeds were used to repay an existing debt of the borrower. Echecopar’s […]
Arias Law has counselled the Netherlands Development Bank, FMO, on the structuring of a $200 million USD loan to Banco de América Central (BAC). The objective of the operation is to provide financing to small and medium-sized enterprises (SMEs) in Guatemala, as well as to promote the adoption of better social and environmental practices, based […]
Cleary Gottlieb has advised the lenders on a €500,000,000 unsecured syndicated term loan from Cemex with an ESG component, to be used for general corporate purposes. This transaction was signed on 7 October 2022 and closed on 14 October 2022. Cemex is a Mexican cement and ready-mix concrete company. It is principally engaged in the […]
Cuatrecasas has advised Bancolombia, Davivienda, Itaú Corpbanca Colombia and Banco de Bogotá in granting a loan to RappiPay for $500 billion Colombian pesos. The firm Mendoza has advised RappiPay in the process of setting up the legal structure. The funds will be used to promote financial inclusion in Colombia through the consolidation of RappiCard, as […]
Carey has represented a syndicate of foreign banks and financial institutions, whose agent is DNB Bank, in the 4th amendment and recast of a credit agreement entered into with Mainstream Renewable Power for up to US$290 million. This transaction was closed on 20 September, involving the jurisdictions of England, Ireland, Norway, Singapore, Hong Kong, Luxembourg […]
Carey has counselled United States International Development Finance Corporation, Inter-American Development Bank, Itaú Corpbanca, New York Branch and Banco Consorcio, in the termination, novation and assignment of their loans granted to Generación Solar, granted for the construction of the photovoltaic solar plant, María Elena, in connection with the sale of the project to Fondo de […]
