Estudio Echecopar, member firm of Baker McKenzie International, advised Trevali Peru S.A.C. in its capacity as guarantor of Trevali Mining Corporation to obtain a USD 170 million refinancing, obtained in two tranches: a second amended and restated credit agreement providing for a USD 150 million revolving credit facility with a syndicate of lenders (First Lien Credit Agreement), and a loan agreement providing for a USD 20 million non-revolving accredit facility with Glencore Canada Corporation (Second Lien Loan Agreement).
The team that advised the Tevali was led by partner Valentin Paniagua, mid-level associate Andrea Cáceres and associates Katherine Zapata and Cinthya Delgado de la Flor.
Trevali is a global base-metals mining company, headquartered in Vancouver, Canada. Trevali Mining Corporation operates mines in Peru, Burkina Faso and Namibia.
Glencore holds approximately 26.3% of the issued and outstanding common shares of the Trevali.
