Telefónica Móviles Chile’s Loan from The Bank of Nova Scotia


Davis Polk & Wardwell, Dalgalarrando y Cía., Philippi Prietocarrizosa Ferrero DU & Uría and White & Case advised on the transaction

Telefónica Móviles Chile, operating as a subsidiary of Telefónica, secured loan of an undisclosed ammount from The Bank of Nova Scotia (Scotiabank).

Proceeds will be used to pay existing debts.

Telefonica Moviles Chile S.A. operates as a telecommunication company. The Company specializes in fixed, mobile, and broadband networks, as well as offers digital services. Telefonica Moviles Chile serves customers worldwide.

Davis Polk & Wardwell advised Telefónica Móviles Chile S.A. with Maurice Blanco (Picture) and James Vickers.

Dalgalarrando y Cía. advised Telefónica Móviles Chile S.A. with Felipe Dalgalarrando H., Gustavo Donoso Paúl, María Luisa Dussaillant Jones and María Isidora Guzmán Marchant.

Philippi Prietocarrizosa Ferrero DU & Uría advised Scotiabank with Marcelo Armas MacDonald, Daniel Parodi Nebreda and Macarena Soto.

White & Case advised Scotiabank in US.

Involved fees earner: Felipe Dalgalarrando – Dalgalarrando & Cia; Gustavo Donoso – Dalgalarrando & Cia; María Luisa Dussaillant Jones – Dalgalarrando & Cia; María Isidora Guzmán Marchant – Dalgalarrando & Cia; Maurice Blanco – Davis Polk & Wardwell; James Vickers – Davis Polk & Wardwell; Marcelo Armas Mac Donald – Philippi Prietocarrizosa Ferrero DU & Uría; Daniel Parodi – Philippi Prietocarrizosa Ferrero DU & Uría; Macarena Soto – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Dalgalarrando & Cia; Davis Polk & Wardwell; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Scotiabank; Telefónica Móviles Chile S.A.;

Author: Ambrogio Visconti