Luxembourg steelmaker Ternium has hired Elvinger Hoss Prussen in Luxembourg, Mitrani Caballero & Ruiz Moreno in Buenos Aires and Veirano Advogados in São Paulo to obtain a US$500 million loan for its Brazilian subsidiary.

The lenders hired Milbank in New York and Machado Meyer Advogados in São Paulo. They are also thought to have relied on Bonn & Schmitt in Luxembourg, but this could not be confirmed prior to publication. The deal closed on 9 August.

(Latin Lawyer)

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