Forestal Tregualemu SpA agreed to acquire Forestry Assets in Chile from Masisa S.A. (SNSE:MASISA) for $350 million on March 24, 2020. The proceeds from the transaction will be used for paying financial debt of Masisa S.A. UBS Investment Bank acted as Masisa financial advisor. Juan Pablo Wilhelmy, Tomás Acosta, Josefina Joannon, Mario Mozó, Giannina Bocchi, Francisca Barros and Florencia Portales of Philippi Prietocarrizosa Ferrero DU & Uría acted as legal advisors for Global Forest Partners. Francisco Ugarte, Jorge Ugarte, Alejandra Daroch, Maximiliano Urrutia, Patricia Rivas, Pablo Torrealba and Alicia Corbo of Carey acted as legal advisors for Masisa.