Clifford Chance advised, together with Guyer & Regules as Uruguayan counsel, Banco Santander, S.A. on a EUR 81.337.656 CESCE covered financing and a EUR 15.491.358 commercial financing granted to Portren, S.A., Uruguayan subsidiary of Cointer Concesiones, S.L. and Christophersen, S.A.
The financing was granted in the context of an Uruguayan law governed long term railway services agreement entered into by Portren, S.A. and Blanvira, S.A., Uruguayan subsidiary of UPM-Kymmene Corporation.
The Clifford Chance core team consisted of Madrid Banking & Finance lawyers Antonio Sánchez-Cirujano, Juan Puras, MarĂa Vispo and partner JosĂ© Guardo. The core team was supported by members of the Litigation (Ignacio DĂaz) and Tax (Roberto Grau) team.
