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Latin Lawyer

IFC grants a USD200 million loan to Banco Itaú

28 January, 2016 by Vincent Manancourt

The International Finance Corporation has hired New York firm Becker, Glynn, Melamed & Muffly LLP and Chile’s Carey to grant a loan worth US$200 million to Banco Itaú’s Chilean branch.

Banco Itaú, which relied on in-house counsel, will use the loan to bankroll small-scale development projects in the country. The transaction closed on 21 December.

Counsel to Latin Lawyer

Counsel to IFC

Becker, Glynn, Melamed & Muffly LLP
Partner Patrick O’Brien and associate Sarah Hirschfeld in New York.

Partners Diego Peralta and Felipe Moro, and associates Elena Yubero and Paluska Solar in Santiago.

Counsel to Banco Itaú
In-house counsel – Guillermo Rivas Sureda