Global law firm Clifford Chance has advised Corporación Andina de Fomento (CAF) as lender in connection with the A/B loan granted to Ecuadorian bank Banco Guayaquil S.A. The proceeds of the loan will support environmentally sustainable and women-led micro, small and medium enterprises (MSMEs) operating in Ecuador.
The Clifford Chance team comprised counsel Kate McCarthy in Washington, DC and associate Maria Fernanda Gadea Rivera in New York.
Clifford Chance advises on many similar transactions in the Latin American market, including IDB Invest on its syndicated loan to finance small businesses in Chile and Proparco on its green bond issuance in Ecuador.