Estudio Echecopar, member firm of Baker & McKenzie International advised Coöperatieve Rabobank U.A. in connection with a USD 60 million committed revolving credit facility (RCF) granted to Peruvian agribusiness company Camposol S.A.
Proceeds of the facility will be used for working capital needs and other corporate uses. Disbursements made under the RCF may be renewed or extended at maturity at the sole request of the borrower for additional 3-month terms. All obligations under the RCF are secured by a joint and several liability of Camposol Holding PLC and subject to the signature of the corresponding documentation.
Partner Alonso Miranda and Of Counsel Luis Ernesto Marin advised Coöperatieve Rabobank U.A. throughout the process.