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Hughes Hubbard advised a nine-bank group on a $1.5 billion term loan credit facility to the Vale Base Metals Limited group, a subsidiary of Brazilian miner Vale. (Photo: Vale Base Metals)
Emilio Saiz, Hughes Hubbard; Juan Giráldez, Cleary Gottlieb and Hugo Triaca, Clifford Chance. (Latinvex collage)
Wednesday, January 8, 2025

Hughes Hubbard Advises $1.5 Bln Vale Base Metals Loan

A&O Shearman and Cleary Gottlieb advised the Argentine Central Bank’s $1 billion repurchase agreements.

BY LATINVEX STAFF

Hughes Hubbard advised a nine-bank group on a $1.5 billion term loan credit facility to the Vale Base Metals Limited group, a subsidiary of Brazilian miner Vale; A&O Shearman and Cleary Gottlieb advised the Argentine Central Bank’s $1 billion repurchase agreements with five international banks; Clifford Chance advised Argentine infrastructure manager and developer CLISA on successful $336.5 million debt restructuring and Norton Rose Fulbright represented Latin American development bank CAF in a senior unsecured $137 million loan facility extended to Ecuador’s Banco Pichincha.

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Keywords: Argentina, A&O Shearman, Brazil, Cleary Gottlieb, Clifford Chance, Ecuador, Hughes Hubbard, Norton Rose Fulbright

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