Abeledo Gottheil advises Silica Networks Argentina in international loan

Buenos Aires firm Abeledo Gottheil Abogados SC acted as Argentine legal counsel to Silica Networks Argentina SA in the drafting and negotiation of securities for a US$93.5 million loan granted to Silica by Nortel Networks Limited, as part of a global transaction in which Nortel lent US$110 million to the Argentine and Chilean subsidiaries of Silica Networks for its fibre-optic network telecommunications project. The global deal was described in the June 5 edition of Latin Lawyer Weekly Briefing.