Morales & Besa, Milbank, Carey and Pillsbury Winthrop Shaw Pittman advised on the transaction
Cencosud S.A. secured a $100 Million Loan from Export Development Canada (EDC).
Proceeds will be used to refinance existing debts.
Cencosud SA is a multi-brand retailer in South America. The Company operates through a number of formats, including supermarkets, home improvement stores, shopping centers and department stores. Cencosud, led by Horst Paulmann Kemna, Jaime Soler and Rodrigo Larrain Kaplan, is headquartered in Chile and has operations in Chile, Argentina, Brazil, Colombia and Peru. In 2017 Cencosud recorded $16.37 Billion Revenues.
Morales & Besa advised Cencosud S.A. with Guillermo Morales E. (Picture), Paulo Quinteros and María José Rojas.
In US, Milbank advised Cencosud S.A. with Carlos T. Albarracín and Donald Canavaggio.
Carey advised Export Development Canada with Diego Peralta and Elvira Vial.
In US, Pillsbury Winthrop Shaw Pittman advised Export Development Canada with sénior Russell DaSilva.
Involved fees earner: Diego Peralta – Carey; Elvira Vial – Carey; Guillermo Morales – Morales & Besa; Paulo Quinteros – Morales & Besa; María José Rojas – Morales & Besa; Russell DaSilva – Pillsbury Winthrop Shaw Pittman LLP; Carlos Albarracín – Milbank; Donald Canavaggio – Milbank;