Celulosa Arauco y Constitución’s $375 Million Loan

Philippi Prietocarrizosa Ferrero DU & Uría, Portaluppi, Guzmán y Bezanilla and Simpson Thacher & Bartlett advised on the transaction

Celulosa Arauco y Constitución secured a $375 million loan from a banking syndicate including The Bank of Nova Scotia, Mizuho Bank, Ltd., MUFG Bank, Ltd., J.P. Morgan Chase Bank, N.A. and Banco Santander S.A.

Celulosa Arauco y Constitucion S.A. manufactures wood products. The Company produces wooden cellulose, coated and naked boards, laminated beams, and moldings. Celulosa Arauco y Constitucion serves customers worldwide.

In Chile, Portaluppi, Guzmán y Bezanilla advised Celulosa Arauco y Constitución S.A. with Juan Francisco Guzmán Rencoret, Enrique Zenteno V. and Eugenio Guzmán Gatica.

In US, Simpson Thacher & Bartlett advised Celulosa Arauco y Constitución S.A. with David L. Williams, Juan M. Naveira, Antonio Ribichini and Sarah Katz.

Philippi Prietocarrizosa Ferrero DU & Uríaadvised The Bank of Nova Scotia, Mizuho Bank, Ltd., MUFG Bank, Ltd., J.P. Morgan Chase Bank, N.A. and Banco Santander S.A. with Marcelo Armas MacDonald (Picture), Marcela Silva González and Daniel Parodi Nebreda.

Involved fees earner: Marcelo Armas Mac Donald – Philippi Prietocarrizosa Ferrero DU & Uría; Daniel Parodi – Philippi Prietocarrizosa Ferrero DU & Uría; Marcela Silva Gonzalez – Philippi Prietocarrizosa Ferrero DU & Uría; Eugenio Guzmán Gatica – Portaluppi Guzmán y Bezanilla; Juan Francisco Guzmán Rencoret – Portaluppi Guzmán y Bezanilla; Enrique Zenteno V. – Portaluppi Guzmán y Bezanilla; Sarah Katz – Simpson Thacher & Bartlett; Juan Naveira – Simpson Thacher & Bartlett; Antonio Ribichini – Simpson Thacher & Bartlett; David Williams – Simpson Thacher & Bartlett;

Law Firms: Philippi Prietocarrizosa Ferrero DU & Uría; Portaluppi Guzmán y Bezanilla; Simpson Thacher & Bartlett;

Clients: Banco Santander Sa; Celulosa Arauco y Constitución S.A.; JPMorgan Chase & Co.; Mizuho Bank; MUFG Bank, Ltd.; Scotiabank;

Author: Ambrogio Visconti.