US$500 million Del Monte's debt restructuring

Arias, Fábrega & Fábrega acted as Panamanian counsel to Fresh Del Monte Produce Inc. and its Panamanian affiliate Del Monte International Inc. in connection with the refinancing of existing credit facilities and term loans with a new US$500 million senior secured revolving credit facility, which has a 3-and-a-half year term with a scheduled maturity date of 17 January 2013.

We were one of a host of law firms from various jurisdictions that advised Fresh Del Monte Produce Inc. and the lenders.  Our involvement required close coordination with our clients and counsel in other jurisdictions.

About Fresh Del Monte Produce Inc.
Fresh Del Monte Produce Inc. is one of the world's leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared food in Europe, Africa and the Middle East.