Hidroeléctrica San Andrés SpA’s $40 Million Refinancing

Larrain y Asociados and Morales & Besa advised on the transaction

Hidroeléctrica San Andrés SpA executed the refinancing a $40 Million credit facility with Banco Santander and BCI.

The financing included a package of guarantees on the assets of the passing plant and on the shares issued by the debtor’s partners

Hidroelectrica San Andres Ltda manfactures power generation equipments. The company is based in Chile.

Larrain y Asociados advised Hidroeléctrica San Andrés SpA with Patricio Montes (Picture) José Pedro Ruiz, Teresita Vinagre and Michelle Inzunza.

Morales & Besa advised the banks with Myriam Barahona, Paulo Quinteros and Ignacio Chomalí.

Involved fees earner: Michelle Inzunza – Larraín y Asociados; Patricio Montes – Larraín y Asociados; José Pedro Ruiz – Larraín y Asociados; Teresita Vinagre – Larraín y Asociados; Myriam Barahona – Morales & Besa; Ignacio Chomalí V. – Morales & Besa; Paulo Quinteros – Morales & Besa;

Law Firms: Larraín y Asociados; Morales & Besa;

Clients: Banco de Crédito e Inversiones; Banco Santander Chile; Hidroelectrica San Andres SpA;

Author: Ambrogio Visconti.