Sun International Chile’s $15.5 Million Loan

CMS Carey & Allende and Larraín, Rencoret & Urzúa advised on the transaction

Sun International Chile SpA, secured a $15.5 Million four years Sydincated loan from Banco BCI and Itaú Corpbanca.

Proceeds will be used to capitalise Sun Dreams.

Sun International Limited owns and operates casino, hotel, and resort properties in South Africa, other African countries, and Latin America. The company, led by Anthony Michael Leeming, operates or has an interest in a total of 19 resorts, luxury hotels, and casinos.

CMS Carey & Allende advised Sun International Chile and Sun Latam SpA. with Jorge Allende D. (Picture), Diego Rodríguez and Joaquín Stephens.

Larraín, Rencoret & Urzúa advised Banco BCI with Felipe Rencoret and Nicolás Reyes.

Involved fees earner: Jorge Allende D. – CMS Carey & Allende; Diego Rodríguez – CMS Carey & Allende; Joaquín Stephens – CMS Carey & Allende; Felipe Rencoret – Larraín Rencoret Urzúa Abogados; Nicolás Reyes – Larraín Rencoret Urzúa Abogados;

Law Firms: CMS Carey & Allende; Larraín Rencoret Urzúa Abogados;

Clients: Banco BCI; Sun International Limited; Sun Latam SpA.;