Arnold & Porter Advises on Dual-Currency Sustainability-Linked Financing in Chile

Arnold & Porter recently advised Banco BTG Pactual Chile, as arranger, Banco Itaú Chile, as administrative agent, and the lender syndicate in connection with a dual-currency financing consisting of a US$35 million and CLP$55 billion loan to Caja de Compensación de Asignación Familiar La Araucana. The proceeds of the financing will be used by La Araucana for on-lending to social loans and eligible sustainability projects.

The Arnold & Porter team was led by partner Chris Willott, with senior associate Bethany Tolentino.

*Bruno Woicik, a visiting attorney from Brazil, also assisted the team. Mr. Woicik is admitted to practice law only in Brazil and is not engaged in the practice of law in any U.S. jurisdiction.