17 Nov 2025

Larrain y Asociados Backs Financing for New Fantasilandia Park in Chile

"Larrain y Asociados advised Banco del Estado de Chile and CEPD Abogados advised Sociedad Comercial Itahue Limitada (operator of Fantasilandia) on a US$30,000,000 financing to develop and construct a new 27-hectare Fantasilandia park in the southern Metropolitan Region of Santiago, scheduled to open in 2027. The transaction closed on November 7, 2025."

Larrain y Asociados and CEPD Abogados advised the parties in the transaction, assisting Banco del Estado de Chile and Sociedad Comercial Itahue Limitada, respectively. Larrain y Asociados acted as legal counsel to Banco del Estado de Chile on the structuring, negotiation and closing of financing provided to Sociedad Comercial Itahue Limitada, the operator of the Fantasilandia amusement park, for the development and construction of a new park to be located in the southern area of the Metropolitan Region of Santiago. Fantasilandia, opened in 1978 and regarded as Chile's largest and most important amusement park in terms of size and facilities, will be redeveloped as a 27-hectare international-standard complex. The project, due to open in 2027, will comprise an amusement park with approximately 52 rides and a water park featuring a wave pool, lazy river and water slides, with attractions acquired from leading global manufacturers. The financing transaction closed successfully on November 7, 2025, for a total amount of US$30,000,000. Larrain y Asociados represented Banco del Estado de Chile with a team composed by: partner Diego Garay; associates José Spoerer and Pablo Figueroa. CEPD Abogados represented Sociedad Comercial Itahue Limitada (operator of the Fantasilandia amusement park) with a team composed by: partner Arturo Poblete; associate Antonio Delorenzo.
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