Our British Virgin Islands (BVI) team has once again acted as
BVI counsel to the lenders in connection with three bilateral
credit facilities granted to Arcos Dorados Comercio de Alimentos
S.A., for an aggregate principal amount of $150m. Arcos Dorados is
the world's largest independent McDonald's
franchisee.
Our team consisted of BVI office managing partner Matthew
Cowman and associate Royan
George.
We worked alongside Milbank LLP who provided US legal counsel to
the lenders on the transaction.
Matthew shared: 'Acting for the lenders on these credit facilities for Arcos Dorados highlights our team's strong BVI financing capability. It was a pleasure working alongside Milbank LLP to deliver a smooth and efficient closing.'