Dentons Paz Horowitz advised UBS in connection with a Lombard credit facility granted to one of Ecuador’s leading retail chains, together with its related companies, in a transaction notable for its sophistication and the profile of the borrower group.
Dentons Paz Horowitz’s Banking and Finance team, led by partner Gabriel Solís Vinueza, provided comprehensive legal advice on the structuring of the financing, ensuring its proper implementation in accordance with Ecuadorian regulations and its alignment with international standards. The firm’s work included the review of the transaction documentation, with a focus on achieving a balanced allocation of risks and safeguarding the lender’s interests.
The firm also played a key role in defining dispute resolution mechanisms, incorporating tools aimed at enhancing legal certainty and the enforceability of the credit facility. The team’s approach enabled the design of a robust and efficient legal structure tailored to the specific characteristics of Lombard financing.
With this transaction, Dentons Paz Horowitz further strengthens its Banking and Finance practice and reaffirms its ability to advise top-tier financial institutions on complex transactions, positioning itself as a strategic partner in the Ecuadorian market.