RC Law Advised Agroindustrial Beta in a $111M Refinancing

RC Law LLP advised Complejo Agroindustrial Beta S.A., a Peruvian group, as borrower’s New York counsel with regard to the refinancing of a $111,800,000 facility to be used to acquire agriculture property and crops, as well as to finance capital expenses. The refinancing involved expanding the facility by up to $20,000,000.  Lender was Metropolitan Life Insurance Company of New York. RC Law’s team was led by partner Rusalka de la Campa. Borrower’s Peruvian counsel was Miranda & Amado and Lender’s Peruvian counsel was Denton’s Lima office and its New York counsel was Denton’s New York office. Complejo Agroindustrial Beta is a Peruvian agribusiness group which is involved in the growing, packing and export of fresh products, including asparagus, grapes, citrus and avocado.