Telefónica Chile S.A. and Telefónica Móviles S.A.’s Sale of a $80 Million Credit Portfolio to Banco Santander

Guerrero Olivos advised Telefónica Chile S.A. on the deal

Telefónica Chile S.A. and Telefónica Móviles S.A., executed the sale of a $80 million portfolio to Banco Santander.

Telefónica Chile S.A. operates as a telecommunication company. It offers broadband, pay television, local telephony, national and international long distance, data transmission, value added, and interconnection services, as well as sells and leases terminals.

Telefonica Moviles, S.A., through its subsidiaries, provides wireless communications and related services and products to consumer and business customers in Spain, Morocco, and Latin America.

Guerrero Olivos advised Telefónica with a team led by Jorge Delpiano (Picture).

Involved fees earner: Jorge Delpiano Kraemer – Guerrero Olivos;

Law Firms: Guerrero Olivos;

Clients: Telefonica;