ANCAP obtains US$113 million worth of financing

Clifford Chance LLP, through its Madrid office, Denmark’s Gorrison Federspiel and Uruguay’s Jiménez de Aréchaga, Viana & Brause have helped Banco Santander and Eksport Kredit Fonden, the Danish export credit agency, provide an export credit facility of US$99 million and a commercial facility of US$14 million to Uruguay’s state energy company Administración Nacional de Combustibles, Alcoholes y Portland (ANCAP).

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