Ameris Capital’s Syndicated Loan Facilities

Cuatrecasas has assisted Banco Security, Banco de Crédito e Inversiones, and Penta Seguros de Vida in the transaction.

Banco Security, Banco de Crédito e Inversiones and Penta Seguros de Vida granted a bullet syndicated credit facility to Ameris Capital, a leading fund manager in the Chilean market.

The funds will be used to purchase quotas of international Feeder Funds in line with its expansion plan in the region. The negotiation of the interest rate, the terms of the facility and the closing of the transaction have been particularly challenging given the current volatility of the Chilean market, mainly due to the political and social uncertainty in the country.

Ameris is a financial firm dedicated to alternative asset management in the real estate, private debt, private equity and infrastructure sectors. They have a team of more than 70 people, who are also actively involved in the institutional distribution and corporate finance business.

Cuatrecasas’ team was led by partner Macarena Ravinet (Picture), assisted by associate Tomás Montes and lawyer Martín Dell’Oro.

Involved fees earner: Martin Dell’Oro Vicuña – Cuatrecasas; Tomás Montes Miquel – Cuatrecasas; Macarena Ravinet – Cuatrecasas;

Law Firms: Cuatrecasas;

Clients: Banco de Crédito e Inversiones; Banco Security; Penta Vida Compañía de Seguros de Vida S.A.;