Market: Colombia

Colombia’s Odinsa and Australian fund set up investment platform

Colombian infrastructure group Odinsa has enlisted Posse Herrera Ruiz in Bogotá to team up with Australian asset manager Macquarie to create a toll road-focused investment platform in the Andean country.

21 September 2021

Colombia liable in high-mountain mining dispute

A divided International Centre for Settlement of Investment Disputes (ICSID) tribunal has found Colombia liable in a US$700 million claim brought by a Canadian mining company that was deprived of its right to operate within an environmental preservation zone.

17 September 2021

Three firms in multi-currency loan for Colombian transmission line

Clifford Chance LLP in Washington, DC and New York and Brigard Urrutia in Bogotá have helped the Colombian branch of Spanish engineering company Grupo Ortiz obtain a two-tranche financing worth US$122 million to fund the construction of a transmission line.

16 September 2021

Fruit business gets loan for operations in Colombia and Peru

Three subsidiaries of Peruvian fruit exporter Grupo Cerro Prieto have hired Miranda & Amado Abogados in Lima to obtain a US$160 million loan.

14 September 2021

Mercado Livre buys logistics company in cross-border deal

The Brazilian branch of Buenos Aires-headquartered e-commerce company Mercado Libre has relied on Bronstein, Zilberberg, Chueiri e Potenza Advogados in São Paulo and Brigard Urrutia in Bogotá to acquire Brazilian logistics company Kangu.

07 September 2021

Four firms guide Ecopetrol to US$1.2 billion loan in Colombia

Colombian petroleum company Ecopetrol has hired Shearman & Sterling LLP in New York and local firm Brigard Urrutia to obtain a US$1.2 billion credit facility.

06 September 2021

Colombian 4G toll road concessionaire gets refinancing

Paul Hastings LLP in New York and London and Colombian firm Posse Herrera Ruiz have helped a Colombian motorway concessionaire receive US$278 million to refinance existing debt.

01 September 2021

Colombia’s Ecopetrol buys majority stake in ISA

Colombia’s largest oil company Ecopetrol has hired Baker McKenzie LLP in Bogotá, Buenos Aires, Santiago and Lima and Trench Rossi Watanabe in São Paulo to acquire a majority stake in Interconexión Eléctrica (ISA) from the Colombian government in a deal worth 14.2 trillion pesos (US$3.7 billion).

26 August 2021

UK online payment company Paysafe continues LatAm expansion

Paysafe has enlisted Greenberg Traurig LLP as lead international counsel to make its second acquisition in Latin America in a couple of weeks, buying US counterpart SafetyPay and its operations in the region for US$441 million.

25 August 2021

Holland & Knight promotes four to partner in Colombia and Mexico

US law firm Holland & Knight LLP has added two new partners in each of its Colombia and Mexico offices, promoting four senior counsel across its corporate, labour and tax practices.

20 August 2021

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