1.      Deal Description

Guerrero Olivos assisted relevant local bank, Banco Consorio in the USD39 million (approximately) financing granted to a private investment fund for the acquisition of part of the assets owned by Chilean financial services company Créditos, Organización y Finanzas S.A., (credits originated by this entity).

This is the third operation of this kind structured and implemented by Guerrero Olivos’ banking and finance department and the first one with Banco Consorcio.

As experts in this field, we were able to identify the risks of the operation and were able to execute the agreements in a timely and efficient manner.

2.      Counsel list

Counsel to Banco Consorcio: Guerrero Olivos

Leading Senior Counsel Miguel Coddou (banking & finance and capital markets) 

Associate Tomás Montes (corporate/M&A and banking & finance) 

Counsel to Tanner Asset Management: Ried/Fabres. Partner Álvaro Caviedes and associate Christian Schiessler

Counsel to Créditos, Organización y Finanzas S.A. (AD Retail S.A.): Bórquez Yunge. Partner Juan Pablo Bórquez

3.      Date of closing


4.      Deal Value

USD39 million approximately

5.      Jurisdictions involved