NEW YORK and SÃO PAULO, October 14, 2022 – Proskauer, a leading international law firm, announced today that it represented Financiera Maestra and Soluciones Integrales TBY (Crédito Maestro) in a $120 million asset-backed credit facility by CarVal Investors L.P.
This transaction, signed on September 29 and disbursed on October 6, resulted in the first financing obtained by Crédito Maestro in New York, following multiple successful local financings. Of the total $120 million, $65 million is committed, including an initial disbursement of $11.2 million.
The Proskauer team was led by partner Carlos Martinez and included associates Saulo Salles de Padua and Carlos Brandes Lamas (Latin America); and partner Martin Hamilton and associate Bowon Koh (Tax).
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Our Latin America Practice is one of the premier corporate practices in Latin America, handling some of the highest-profile deals in the region. Our global M&A team represents U.S. and Latin American acquirers and targets in the purchase and sale of Latin American or U.S. businesses and assets. We have handled billion dollar deals throughout the region and advise global and regional clients across a range of industries, including financial services, energy and natural resources, life sciences, manufacturing and mining and metals industries.