Besalco’s $82 Million Notes Offering


Garrigues advised on the deal

Besalco executed its offering of $82 Million notes on the local market in Chile. Proceeds will be used to finance its debts and to finance its investment plan. Banchile Citi acted as placing agent.

Besalco S.A. provides construction services in Chile. The Company, led by Victor Manuel Bezanilla Saavedra, Jorge Arturo Arrigorriaga Gonzalez and Paulo Felipe Bezanilla Saavedra, builds highways, bridges, buildings, tunnels, sanitation systems, industrial piping, and underground systems. In 2017 the company recorded $620 Million Revenues.

Garrigues advised Besalco SA with a team including Pedro García Morales (Picture) Eduardo Santos Guzmán and María Fernanda Jara Verdugo.

Involved fees earner: Pedro García Morales – Garrigues; Eduardo Santos Guzmán – Garrigues;

Law Firms: Garrigues;

Clients: Besalco S.A.;

Author: Ambrogio Visconti.