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Guerrero Olivos Advises on Financing of GNL Regasification Terminal

Guerrero Olivos (Chile) advised the underwriters in the offering by GNL Quintero S.A., a Chilean company that operates a GNL regasification terminal located in Quintero, V Region, of unsecured senior notes amounting $1.1 billion at 4,634% due 2029.

 

 

The proceeds of the offering were used by the company to repay all amounts outstanding under a secured credit facility, granted by several lenders to finance the construction of the Quintero regasification terminal.

Guerrero Olivos has been counsel to the lenders of GNL Quintero S.A. since 2007, including the syndicated project finance credit facility of $1.1 billion and all further actions and activities that have required a legal advice since then.

 
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