Simpson Thacher Represents Arauco in Connection With the Amendment and Restatement of a $200 Million Credit Facility
10.04.18
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The Firm recently represented Chilean forestry company Celulosa Arauco y Constitución S.A. (“Arauco”) in connection with the amendment and restatement of a $200 million credit facility with The Bank of Nova Scotia, Export Development Canada, Banco del Estado de Chile – New York Branch and Sumitomo Mitsui Banking Corporation.
Arauco is one of the world’s largest producers of bleached and unbleached softwood kraft pulp and wood products in terms of production capacity.
The Simpson Thacher team included David L. Williams, Juan M. Naveira and Pablo Richards (Corporate); Joseph Tootle (Tax); and Adam Cohen and Spencer Sloan (Bank Regulatory).