{"id":1683,"date":"2022-08-30T12:00:00","date_gmt":"2022-08-30T15:00:00","guid":{"rendered":"https:\/\/bye.nexsa.cl\/asesoria-a-banco-security-penta-vida-y-toesca-en-el-financiamiento-otorgado-a-pe-secondary-deal-ii-spa\/"},"modified":"2026-10-06T22:17:21","modified_gmt":"2026-10-07T01:17:21","slug":"advice-to-banco-security-penta-vida-and-toesca-in-the-financing-granted-to-pe-secondary-deal-ii-spa","status":"publish","type":"post","link":"https:\/\/www.bye.cl\/en\/asesoria-a-banco-security-penta-vida-y-toesca-en-el-financiamiento-otorgado-a-pe-secondary-deal-ii-spa\/","title":{"rendered":"Advice to Banco Security, Penta Vida and Toesca in the financing granted to PE Secondary Deal II SpA"},"content":{"rendered":"<p>Barros &amp; Err\u00e1zuriz advised <strong>Banco Security, Penta Vida Compa\u00f1\u00eda de Seguros de Vida and Toesca USD Fondo de Inversion Privado<\/strong>, as lenders, in the financing granted to <strong>PE Secondary Deal II SpA<\/strong>, <strong>PE Secondary Deal II SpA, to acquire certain quotas owned by Penta in eight Feeder Funds.<\/strong>.<\/p>\n<p>The transaction considered the implementation of a <strong>financing structure<\/strong> for the acquisition by the Fund of the quotas in the Feeder Funds through <strong>two syndicated loans<\/strong> granted under Chilean law:<\/p>\n<ul>\n<li>Preferred financing agreement, whose creditors are Penta and Banco Security.<\/li>\n<li>Subordinated financing agreement, whose lenders are Penta, Banco Security and Toesca.<\/li>\n<\/ul>\n<p>In addition, B&amp;E played a key role in the <strong>negotiation and preparation of the guarantees<\/strong> granted by both parties to ensure compliance with their obligations under the aforementioned financing agreements.<\/p>","protected":false},"excerpt":{"rendered":"<p>Barros &#038; Err\u00e1zuriz asesor\u00f3 a Banco Security, Penta Vida Compa\u00f1\u00eda de Seguros de Vida y Toesca USD Fondo de Inversion Privado, en su calidad de acreedores, en el financiamiento otorgado a PE Secondary Deal II<\/p>","protected":false},"author":1,"featured_media":1684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bye_card_image":0,"_bye_lawyers":[178,294,544],"_bye_areas":[19],"_bye_document":0,"_bye_document_url":"","_bye_document_label":"","_bye_old_id":19552,"_bye_old_path":"\/asesoria-a-banco-security-penta-vida-y-toesca-en-el-financiamiento-otorgado-a-pe-secondary-deal-ii-spa\/","_bye_translation":"https:\/\/backup-bye.nexsa.cl\/advice-to-banco-security-penta-vida-and-toesca-in-the-financing-granted-to-pe-secondary-deal-ii-spa\/?lang=en","footnotes":""},"categories":[1],"tags":[],"tipo_publicacion":[8],"industria":[11],"class_list":["post-1683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria"],"_links":{"self":[{"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/posts\/1683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/comments?post=1683"}],"version-history":[{"count":0,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/posts\/1683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/media\/1684"}],"wp:attachment":[{"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/media?parent=1683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/categories?post=1683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/tags?post=1683"},{"taxonomy":"tipo_publicacion","embeddable":true,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/tipo_publicacion?post=1683"},{"taxonomy":"industria","embeddable":true,"href":"https:\/\/www.bye.cl\/en\/wp-json\/wp\/v2\/industria?post=1683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}