Latin Lawyer recorded five debt capital markets deals in Colombia from July to December, with a total combined value of approximately US$2.1 billion.
We present our findings on the Colombian debt capital markets space for 2019, revealing the firms involved in the most transactions and highest value deals, according to Latin Lawyer’s research.
Garrigues (Chile) has helped the country’s Central Bank create a new credit package worth some US$24 billion to help commercial banks strengthen their liquidity and to continue to grant loans to companies during the covid-19 pandemic.
Bomchil Abogados has helped Argentine airport operator Aeropuertos Argentina 2000 refinance US$120 million worth of debt.
Bolivia’s oil and gas market has suffered from structural flaws for years, but covid-19 is exacerbating the challenges facing the industry. Indacochea & Asociados energy partners Ricardo Indacochea and Mariana Pereira consider what the global pandemic means for Bolivia’s hydrocarbons sector.
BLP (Costa Rica) has helped the International Finance Corporation (IFC) lend US$12 million to the municipality of San José to fund renovation and infrastructure projects in the country’s capital.
Mexican state-owned oil giant Pemex dominates its nation’s oil industry, but it’s also the world’s most indebted company. The global oil crisis, in part triggered by the covid-19 pandemic, spells disaster for the government’s controversial plans for the industry, but more private sector involvement could be the silver lining to come.
Simpson Thacher & Bartlett LLP in New York and Cuestas.PPQ Abogados in Guatemala City have helped the Republic of Guatemala issue sovereign bonds worth US$1.2 billion, including social bonds for US$500 million to fund the government’s response to the covid-19 pandemic.
In response to the unprecedented impact of covid-19, Latin Lawyer and LACCA have launched a free-to-view and regularly updated information hub. Read about legislation and official communications issued by governments across Latin America in response to the evolving crisis here.
Brigard Urrutia has helped a toll road concessionaire of Colombian construction and engineering companies CSS Constructores and Alca Ingeniería get a US$176 million loan for a motorway south-west of Bogotá.