Enjoy S.A.’s $214.3 Million Loan

Morales y Besa and Larrain y Asociados advised on the transaction

Enjoy S.A.’s subsidiaries holding concession for del Lago (Pucón), Puerto Varas (Puerto Varas), Viña del Mar (Viña del Mar) and Bahía (Coquimbo) casinos, secured a $214 Million loan from BTG Pactual Chile, Banco Internacional and Banco Security.

Simultaneously Enjoy secured a $33.1 Million bridge loan from Tanner Servicios Financieros S.A.

Proceeds will be used as bank guarantee with the Gambling Superintendence in Chile for the concessions.

Morales y Besa advised Enjoy S.A. with Myriam Barahona (Picture), Ignacio Menchaca and Bernardo Mora.

Larrain y Asociados advised Banco BTG Pactual Chile, Banco Internacional and Banco Security with Patricio Montes, Diego Garay and José Pedro Ruiz.

 

Involved fees earner: Patricio Montes – Larraín y Asociados; Diego Garay – Larraín y Asociados; José Pedro Ruiz – Larraín y Asociados; Myriam Barahona – Morales & Besa; Ignacio Menchaca – Morales & Besa; Bernardo Mora – Morales & Besa;

Law Firms: Larraín y Asociados; Morales & Besa;

Clients: Banco Security; Enjoy Group; Banco Internacional S.A. ; BTG Pactual Chile SA;

 

Author: Ambrogio Visconti.