Becker, Glynn, Muffly, Chassin & Hosinski LLP in New York
and Chilean firm Carey have advised the International
Finance Corporation on its US$140 million equity investment in
Chilean financial institution Consorcio Financiero.
Consorcio Financiero hired Claro & Cía for the deal,
which was signed on 26 May.
The deal gives the IFC, which is the investment arm of the World
Bank, an 8.3 per cent stake in Consorcio Financiero. The capital
injection will be split between Consorcio Financiero's banking
and insurance arms.
Both Carey and Becker Glynn have been behind other lending
initiatives in Chile by the IFC. In December they helped the
investor grant a US$200 million loan to Banco Itaú's
Counsel to the
International Finance Corporation
In-house counsel – Marina Feldman
Becker, Glynn, Muffly, Chassin & Hosinski LLP
Partner Patrick O'Brien and associate Matias Sueldo in New
Partners Cristian Eyzaguirre and Francisco Guzmán and
associates Nicolás Calderón and Sergio Mesías
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