Carey advised IMD Group on a credit for USD70 millionOctober 15, 2019, by - LATIN LAWYER
Carey and Arteaga Gorziglia in telecoms acquisition financing
Carey has helped UK media company IMD Group obtain a US$70 million loan for the acquisition of a Chilean telecoms provider. HSBC was lender and enlisted Arteaga Gorziglia for the transaction. It is thought that Hogan Lovells LLP also advised the banks, but this could not be confirmed prior to publication.
IMD will use the funds to buy Transmisión y Almacenamiento.
The deal closed on 30 August.
Counsel to IMD Group
Partner Jorge Ugarte and associates Solange González and Francisca Hernández
Counsel to HSBC
Partners Arnaldo Gorziglia and Cristián Carpentier and associate Magdalena Fabres