Marval advised Citibank on the extension of a dollar-linked loan to Unipar Indupa

Marval O’Farrell Mairal advised the Argentine branch of Citibank, N.A. in connection with the extension to Unipar Indupa S.A.I.C. of a US$35 million dollar-linked loan.

The loan was granted for export financing purposes and structured in accordance with Argentine Central Bank regulations applicable to peso-denominated financings linked to foreign exchange rate fluctuations.

The transaction was secured by a corporate guaranty granted by a foreign affiliate of the borrower’s group.

The Marval O’Farrell Mairal team included Gabriel Matarasso, Francisco Abeal and Javier Emilio Redondo, from the Banking & Finance department.