P&O secures CAF loan

The New York office of Clifford Chance LLP, Palacios, Prono y Talavera in Paraguay, Argentina’s Allende & Brea Abogados and Australian firm Middletons have helped P&O Maritime Holdings (Paraguay) secure a US$40 million senior secured loan facility from Latin American development bank Corporación Andina de Fomento (CAF) and the Paraguayan branch of Brazil’s Banco Itaú.