Morales & Besa advised Sociedad Concesionaria Metropolitana de Salud S.A. on the amendment on current financing and additional financing

April 29, 2019

Morales & Besa successfully advised Sociedad Concesionaria Metropolitana de Salud S.A. on the amendment of certain terms and conditions of the current financing and an additional financing by Banco Santander-Chile, Scotiabank Chile, Itaú Corpbanca, Penta Vida Compañía de Seguros de Vida S.A. and Banco Consorcio, granted to the Concessionaire to partially finance the construction and other costs of the Félix Bulnes hospital public concession.

This financing required negotiating and coordinating with a group of financial entities various modifications to the existing financing, which included an additional financing, at an important moment in the project that is in its final phase of construction and with the original constructor in an insolvency proceeding.

The Morales & Besa’s team was led by partner Carlos Silva along with associate Pedro Pablo Valenzuela.

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