Cuatrecasas, through its team in Santiago de Chile, has assisted Empresas CMPC in the execution of a credit agreement under the laws of the State of New York (United States), entered into between CMPC Celulose Riograndense-as debtor-, Empresas CMPC-as guarantor-, and Export Development Canada-as creditor. Macarena Ravinet, lead partner of the transaction, commented: “this financing […]
Tags : Macarena Ravinet
Cuatrecasas, through its team in Santiago de Chile, has assisted Inversiones CMPC and Empresas CMPC in the placement of a US$250 million corporate green bond with a maturity date of 15 September 2042. The 20-year bond was obtained at an effective placement rate of 3.54% per annum with a spread of 0.94%, the lowest for […]
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 […]
Cuatrecasas, through its team in Santiago de Chile, has represented Compañía General de Electricidad (CGE), the main electricity distributor in Chile, in the structuring, development and execution of its corporate split-up process. This transaction was valued at approximately $340 MM U.S. dollars. As a result of the process, CGE Transmisión was formed and subsequently listed […]
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 […]
Cuatrecasas, through its team in Santiago, has represented BTG Pactual Chile in structuring its first investments in the country, through its Venture Debt Fund. These financings aim to be invested in Chilean startups and fintechs, where the first three companies to receive funds are WildFoods, Buydepa and Wift. The structure of the investments is based […]
Cuatrecasas, through its team in Santiago de Chile, has assisted Ameris Capital in the granting of a $27 million US dollar loan for the acquisition of quotas of public investment funds in Chile and the granting of local guarantees to secure the loan. The loan for this transaction, made through the Ameris Alternativos II fund, […]
Cuatrecasas, through its team in Santiago de Chile, has represented Cintac in the process of restructuring its liabilities with Banco de Crédito e Inversiones (BCI). The transaction was for a total of US$35 million and will enable Cintac to adjust its medium- and long-term financial obligations. Cintac is dedicated to the manufacture and commercialisation of […]
Cuatrecasas Chile has assisted Inversiones CMPC in obtaining and underwriting a $500 US million sustainable credit facility
