Hunton Andrews Kurth Represents IFC in $70 Million Loan Facility to Agencies Universales S.A.

On September 26, 2022, International Finance Corporation (“IFC”) closed on a $70 million unsecured loan, comprised of an A loan of up to US$35 million and a B loan of up to US$35 million to Agencias Universales S.A. (“AGUNSA”), a leading logistics provider and operator in Latin America that is based in Valparaiso, Chile. Part of the proceeds of the sustainability-linked loan will be used to finance AGUNSA’s planned capex program at Terminal II in Port of Valparaiso.

Agunsa has over 30 years of experience in both the Chilean and international markets, with a presence in more than 20 countries and more than 70 subsidiaries and associated companies. Its main business lines include logistics, agency services and operation of ports and airports.

The US-based firm of Hunton Andrews Kurth LLP advised IFC Invest as international counsel. Chilean legal advice to IFC was provided by Dentons Larraín Rencoret. Urenda y Cía advised Agunsa as local counsel.

Hunton Andrews Kurth:
Alejandro Silva
Michael J. Sanchez

IFC In-House Counsel: Steven Wagner

Other Law Firms:

Dentons Larraín Rencoret:
Felipe Rencoret
Paula Alarcón

Urenda y Cía:
Raúl Mera