Salmofood obtains financing from JP MorganJanuary 21, 2013, by - LATIN LAWYER
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.
Counsel to Salmofood and Alicorp
In-house counsel Salmofood and Alicorp - Michel Biber and Andres Barclay
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