Agrofoods’ $65 Million Debts Restructuring

Carey, Philippi Prietocarrizosa Ferrero DU & Uría, Tagle, Cifuentes y Cía, Halpern de la Fuente, Laíz & Morales and García Magliona y Cía advised on the transaction

Agrofoods Central Valley finalized its $65 Million debts restructuring with an agreement with all creditors.

Agrofoods Central Valley S.A. is a leading agri-industrial processing food company in Chile who specializes in co-packing high quality food products for diverse customers in the world.

The company manufactures and exports high quality food products in diverse retail formats as well as in industrial format.

In terms of retail products, Agrofoods is known as the largest manufacturer and exporter of plastic fruit cup products in Latin America.

Carey advised Agrofoods Central Valley with Pablo Iacobelli (Picture) Ricardo Reveco, Isaac Stevens, Andrés Lafuente and Roberto Villaseca.

Philippi Prietocarrizosa Ferrero DU & Uría advised Elaboradora de Envases with Ignacio Larraín.

Tagle, Cifuentes y Cía. advised Banco de Chile with Alfredo Tagle Q.

Halpern de la Fuente advised Seguros de Crédito Continental S.A. with Vicente de la Fuente.

Laíz & Morales advised Banco Bice with Fernando Laíz Retamal.

García Magliona y Cía advised Banco Santander Chile with Esteban García and Claudio Magliona.

Involved fees earner: Fernando Laíz Retamal – Laíz & Morales; Vicente de la Fuente – Halpern de la Fuente; Alfredo Tagle Quiroz – Tagle, Cifuentes y Cía.; Esteban García – García Magliona y Cía ; Claudio Magliona M. – García Magliona y Cía ; Pablo Iacobelli – Carey; Ricardo Reveco – Carey; Isaac Stevens – Carey; Andrés Lafuente – Carey; Roberto Villaseca – Carey; Ignacio Larraín – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Laíz & Morales; Halpern de la Fuente; Tagle, Cifuentes y Cía.; García Magliona y Cía ; Carey; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Banco de Chile; Banco BICE; Banco Santander Chile; Agrofoods Central Valley Chile SA; Elaboradora de Envases; Compania de Seguros de Credito Continental SA;

Author: Ambrogio Visconti.