Vitapro obtains a USD40 million loan

November 2, 2015, by - LATIN LAWYER

Alicorp Perú’s Chilean fish food subsidiary, Vitapro, has hired Carey to obtain a US$40 million loan from Japan’s Sumitomo Mitsui Banking Corporation to settle existing debt.

Baker & McKenzie’s Chicago, Lima and Santiago offices advised the lender. Alicorp, a subsidiary of Peruvian industrial conglomerate Grupo Romero, acted as guarantor, relying on its parent company’s in-house team for counsel. The deal closed on 26 October.

Counsel to Vitapro
Partner Francisco Ugarte and associates Jorge Ugarte, Eugenio González and Josefina Joannon in Santiago

Counsel to Grupo Romero
In-house counsel – Andres Barclay

Counsel to Sumitomo Mitsui Banking Corporation
Baker & McKenzie (Chile)
Partner Sebastián Vivanco and associate Jose Ignacio Berner in Santiago

Estudio Echecopar member firm of Baker & McKenzie International
Partner Oscar Trelles and associate Rodrigo de la Puente in Lima

Baker & McKenzie LLP
Partner Creighton Meland and associates Juan Gonzales and José Avila in Chicago

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