M&B advised BNP Paribas in the granting of a loan to Agrosuper S.A. for corporate purposes including the acquisition of AqueChile S.A

January 16, 2019

Morales & Besa successfully advised BNP Paribas in the granting of a loan to Agrosuper S.A. to be used for corporate purposes, including funding the acquisition of AquaChile S.A.

Agrosuper S.A. is a holding of Chilean food companies, dedicated particularly to the production, distribution and marketing of fresh and frozen pork, salmon and processed products and with the acquisition of AquaChile S.A, a Chilean firm that produces food based on its own salmon, trout and tilapia crops, Agrosuper reached the 99.71% of the firm’s property, thus becoming the largest salmon company in Chile.

The loan was guaranteed by Agrosuper’s subsidiaries, Agrícola Super Limitada y Agrosuper Comercializadora de Alimentos Limitada.

The Morales & Besa team that participated in this operation was formed by Matías Langevin, partner, Josefa Rodriguez, senior associate, and Javiera Veloso, associate.