Morales & Besa advised BCI and Banco Santander-Chile in the refinancing and granting of loans for Fastpack S.A.

September 5, 2018

Morales & Besa successfully advised Banco de Crédito e Inversiones and Banco Santander-Chile in the rescheduling of credits and additional financing granted by Banco Santander-Chile and Banco de Crédito e Inversiones to Fastpack S.A. for an amount of CLP 6,500,000,000 (USD 9.409.380 approx.).

This transaction included the assignment of the participation of Banco Security and Itaú Corpbanca in the existing indebtedness of Fastpack S.A.

Fastpack S.A. is a company in the field of plumbing and fittings in stainless steels and carbon steels, and other products required in industries such as mining, pulp, petrochemical, desalination, gas and energy, among others.

The Morales & Besa team that participated in this operation was made up by partner José Miguel Carvajal, and associates Bernardo Mora and Francisca Estrougo.