Chile’s Banco Consorcio has granted a $14.7 million loan to Agrícola Ariztía Limitada, part of Grupo Ariztía, to refinance its debt and finance general corporate purposes.
The financing was structured through mortgage-backed loans guaranteed with a series of the company’s real estate assets.
Established in 1936, Agrícola Aritzía is an egg and poultry production company located in Santiago, which exports 30% of its production to over 30 countries in America, Asia and Europe.
Larrain y Asociados advised Banco Consorcio on the structuring of the loan, with a team led by partner Patricio Montes, with associates Diego
Garay, Michelle Inzunza and Teresita Vinagre.