Buren advises Structured trade finance unit Latitude20 Capital Partners (Lat20) in the $250m partnership with Corrum Capital Management.
Lat20 has secured additional funding from Corrum Capital Management, a private investment firm, after they had signed a partnership to aid Latin America's small- and medium-sized enterprises (SMEs).
Corrum Capital Management will commit up to $250m towards the partnership with Lat20, enabling the latter to serve as Corrum Capital's trade finance platform in the region.
Lat20 also closed a senior secured credit facility with Tennenbaum Capital Partners, which has now been acquired by BlackRock.
Founded in 2014, Lat20 provides senior structured trade facilities to agriculture, aquaculture-based SME exporters and processors.
Buren advised Lat20 on all legal aspects of the transaction.
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