Tags : loan

Banking & Finance

Cariola represents Soprole in term loan with HSBC

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 […]

Banking & Finance

H&K assists Bancóldex in obtaining $292m 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 […]

Banking & Finance

FBPH represents WBC in loan to Alianza del Valle

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 […]

Banking & Finance Energy

CC assists in $656bn financing for Solarpack

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 […]

Banking & Finance

Arias counsels FMO on $200m loan to BAC

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 […]

Banking & Finance

Cuatrecasas counsels on $500bn credit to RappiPay

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 […]

Banking & Finance

Carey counsels on assignment of loans to Generación Solar

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 […]