“By this restructuring contract, Invertec has restructured liabilities which approximately represent 85% of the company’s current liabilities to date” the company’s general manager Andrés Parodi explained through a press release submitted by the Chilean Securities and Insurance Supervisor (SVS).
According to Fishfarmingxpert, this agreement was signed with the following entities: Banco de Crédito e Inversiones (“BCI”); Rabobank Curaçao N.V. (“Rabobank”); Banco Security (“Security”); Banco Bilbao Vizcaya Argentaria (“BBVA”); Banco Santander-Chile (“Banco Santander”); Banco de Chile; Banco Itaú Chile (“Banco Itaú”); Banco BICE; The Royal Bank of Scotland (Chile) (“RBS”); Corpbanca; Corporación Interamericana de Inversiones; and Banco del Estado de Chile.
Invertec was ranked tenth among the Chilean salmon producers in 2008 with US$ 74.8 millions exported.
Invertec Signs Restructuring Deal for USD 153M
CHILE - The Chilean salmon producer company Invertec Pesquera del Mar de Chilo signed restructuring deal for USD 153 million with a group of 12 banks. This amount might be increased by USD 13 million due to some lines for capitalization.
