Becker Glynn Represents IFC and IDB Invest in a USD$100 Million Financing to San Miguel, a Multinational Argentine Citrus Company

Patrick O’Brien and Andres Sardi Garcia represented International Finance Corporation (IFC) and Inter-American Investment Corporation (IDB Invest) in connection with a $100 million secured credit facility to San Miguel, the largest citrus exporter in the Southern Hemisphere and one of the most important fruit exporters of Latin America and the Caribbean. The financing will contribute to San Miguel’s investment plan to expand its production in Argentina, Uruguay, Peru and South Africa of lemons, oranges, mandarin oranges, table grapes and avocados. The closing of the transaction occurred in the winter of 2018.