Sociedad Concesionaria Rutas del Pacífico SA renegotiates loan

Morales, Noguera, Valdivieso & Besa has advised Sociedad Concesionaria Rutas del Pacífico SA (RDP) in the amendment of a UF-denominated bridge loan agreement entered into by RDP and Banco Santander Chile and Santander Investment Chile Ltda. The agreement includes the negotiation of an additional US$75 million project financing for the construction of the Santiago-Valparaiso-Viña del Mar toll road, a 140-kilometer highway concession linking the major cities in Chile’s most populated area. The transaction was closed on December 14.