Business & Leadership

Morales & Besa Advises on Fastpack Refinancing

© Michal Jarmoluk


Morales & Besa acted as legal counsel to Banco de Crédito e Inversiones (BCI) and Banco Santander Chile, in the $9.5m refinancing and granting of loans to Fastpack S.A. The deal closed September 5th.

 

Fastpack operates in the field of plumbing, fittings in stainless, carbon steels and other products required in industries such as: mining, pulp, petrochemical, desalination, gas and energy, among others.

 

The transaction included the assignment of the participation of Banco Security and Itaú Corpbanca in the existing debt of Fastpack.

 

Partner José Miguel Carvajal, assisted by associates Bernardo Mora and Francisca Estrougo acted for the lenders.

 

Saldivia, Contreras, Inalaf, Würth & Verdugo Abogados served as counsel to Fastpack.

 

C.G.L.

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