Hunton Andrews Kurth Advises IDB Invest in A/B Loan to Tanner Servicios Financieros S.A.

On December 4, 2020, the Inter-American Investment Corporation (“IDB Invest”) closed on an approximately $86 million A/B loan facility to Tanner Servicios Financieros S.A. (“Tanner”). The proceeds of the loan will be used by Tanner to finance small and medium-sized companies (SME) through factoring operations in Chile.

The U.S.-based firm of Hunton Andrews Kurth LLP advised IDB Invest as international counsel. Chilean legal advice to IDB Invest was provided by Contreras Velozo Abogados.

Hunton Andrews Kurth Lawyers:

• Siddharth Sethy, Counsel
• Yasmina Hammoumi Santaella, International Associate

IDB Invest In-house Counsels:

• Maria Lucia Abreu
• Ana Maria Estrada Sierra

Contreras Velozo Abogados Lawyers:

• Oscar Contreras Blanco, Partner
• Magdalena Paul Cerón, Associate