Clifford Chance advises Banco de Occidente on US$150 million subordinated facility to strengthen its Tier 2 capital

Global law firm Clifford Chance advised Banco de Occidente S. A. in connection with its US$150 million subordinated facility provided by Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG). The facility will strengthen Banco de Occidente's Tier 2 capital and support its on-lending of green loans to eligible sub-borrowers.

The team advising on the transaction included counsel Alberto Haito and foreign law clerk Daniela Hernandez in Washington, DC.

Press contact: Kaitlin Scagluso