Carey has helped the International Finance Corporation grant a
US$30 million loan to Chilean financial institution Banco
Consorcio.
The loan closed on 31 August.
In May, the IFC, which is the investment arm of the World Bank, made a US$140 million equity investment in Consorcio Financiero, giving it an 8.3 per cent stake in the bank. Carey teamed up with Becker, Glynn, Muffly, Chassin & Hosinski LLP in New York to advise the IFC on that deal.
Counsel to the International Finance Corporation
In-house counsel – Veronica Rita Garcia
Carey
Partner Diego Peralta and associates Felipe Tupper and Patricia Montt
Counsel to Banco Consorcio
In-house counsel – Alvaro Larraín Prieto
Originally published by Latin Lawyer
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.