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Endesa signs USD200 million loan

Endesa, Chile’s largest utilities provider, has turned local firm Carey to obtain a revolving credit facility worth US$200 million.

Milbank, Tweed, Hadley & McCloy LLP in New York and Chile’s Claro & Cía advised the lenders, Bank of Tokyo-Mitsubishi and HSBC, for the syndicated facility, which closed on 31 July.

It is thought that Chadbourne & Parke LLP in New York also advised Endesa, but this could not be confirmed prior to publication.

Counsel to Endesa Chile

In-house counsel – Ignacio Quiñonez


Partner Claudio Lizana and associates Juan Turner and Manuel José Garcés in Santiago

Counsel to Bank of Tokyo-Mitsubishi and HSBC

Claro & Cía

Partners José Luis Ambrosy and Rodrigo Ochagavía, and associate Jaime Salas in Santiago

Milbank, Tweed, Hadley & McCloy LLP

Partners Carlos Albarracín, Michael Bellucci and Mark Regante, and associates Gavin McKeon, Victor Liang, Hernando Becerra and Lysondra Lidwig in New York