Itelecom’s $8.06 Million Loan

Larraín, Rencoret & Urzúa and Barros & Errázuriz advised on the deal

Itelecom secured a $8.06 Million Loan from Trilinc Global Impact Fund Cayman. Proceeds will be used to LED lighting in Las Condes district of Santiago.

Itelcom provides telecommunications services and technology solutions in US, Caribbean, and Canada. Itelecom’s global HQ is located in Santiago, Chile.

TriLinc Global Impact Fund, LLC, through its subsidiaries, invests in small and medium enterprises (SMEs), primarily in developing economies.

Larraín, Rencoret & Urzúa advised Trilinc Global Impact Fund Cayman, Ltd. with a team including Felipe Rencoret (Picture), Nicolás Reyes and Beatriz Iribarren.

Barros & Errázuriz advised Itelecom with Francisco De la Barra, Nicole Ubal Delgado, Francisca Ellis Escudero and Jerónimo Amenábar Vial.

Involved fees earner: Francisco de la Barra – Barros & Errázuriz Abogados; Francisca Ellis Escudero – Barros & Errázuriz Abogados; Nicole Ubal Delgado – Barros & Errázuriz Abogados; Beatriz Iribarren – Larraín Rencoret Urzúa Abogados; Felipe Rencoret – Larraín Rencoret Urzúa Abogados; Nicolás Reyes – Larraín Rencoret Urzúa Abogados;

Law Firms: Barros & Errázuriz Abogados; Larraín Rencoret Urzúa Abogados;

Clients: Itelecom; TriLinc Global Impact Fund, LLC;

Author: Ambrogio Visconti.