Salmofood obtains financing from JP Morgan

JP Morgan has relied on the New York office of Skadden, Arps, Slate, Meagher & Flom LLP, Claro y Cía in Chile and Peruvian firm Rodrigo, Elías & Medrano Abogados for the provision of a financing facility to Chilean local fish food producer Salmofood worth US$40 million.
Salmofood turned to Carey on the deal that closed on 2 January. Alicorp, Peru’s largest consumer goods group and Salmofood’s parent company, guaranteed the loan.

The Peruvian conglomerate turned to Carey when it bought Salmofood from local fish producers Invermar, Degán and Pesquera Yadrán in September last year.

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Counsel to Salmofood and Alicorp

In-house counsel Salmofood and Alicorp - Michel Biber and Andres Barclay

Carey

Partner Francisco Ugarte and associate Camila Guarda in Santiago

Counsel to JP Morgan

Skadden, Arps, Slate, Meagher & Flom LLP

Partner Alejandro Gonzalez-Lazzeri and associates Felipe Fernandez and Gabriela Dañino in New York

Claro y Cía

Partner Jorge Martín and associates Ariel Mihovilovic and José Miguel Gazitúa in Santiag

Rodrigo, Elías & Medrano Abogados

Partner Diego Peschiera and associate Efrain Salazar in Lima