Market: Colombia

London-listed mining group Anglo American has withdrawn an International Centre for Settlement of Investment Disputes (ICSID) claim against Colombia over the blocked expansion of a coal mine after selling its stake in the project to Glencore, which is still pursuing its own treaty case.

19 July 2022

Latin American pharmaceutical company Acon-Vitalis has hired DLA Piper LLP in Bogotá and Mexico City to obtain a US$50 million credit line.

18 July 2022

A group of organisations, including the World Wildlife Fund (WWF), has relied on Gómez-Pinzón to donate US$245 million for the protection of Colombia’s diverse natural environment.

15 July 2022

Posse Herrera Ruiz in Bogotá has helped a Colombian motorway concessionaire obtain a loan of 990 billion pesos (US$261 million) to refinance existing debt.

29 June 2022

Holland & Knight (Colombia) has added firepower to its tax offering by appointing a partner with experience from professional services groups EY and KPMG.

27 June 2022

Over two years after it sought Chapter 11 protection in New York, LATAM Airlines has received court approval of a restructuring plan that will facilitate the injection of about US$8 billion through a capital increase, the issuance of convertible bonds and new debt.

22 June 2022

Dominican asset management group ALERE Advisors has hired OMG in Santo Domingo and Gómez-Pinzón in Bogotá to acquire a stake in Colombian pork producer Agropecuaria Aliar.

20 June 2022

Paul Hastings LLP has helped a group of banks lend US$550 million to a subsidiary of Colombian financial group Corficolombiana for the development of a toll road.

16 June 2022

Colombian consumer loan provider Credivalores has hired Clifford Chance LLP in New York and Muñoz Aya in Bogotá to obtain a loan worth 428 billion pesos (US$100 million).

15 June 2022

IDB Invest and US private investment group Blue like an Orange have hired Gómez-Pinzón in Bogotá, Brazilian firms BMA Advogados and Dias Carneiro Advogados, and Mijares, Angoitia, Cortés y Fuentes SC in Mexico City to inject US$22 million into Colombian grocery delivery company Merqueo.

07 June 2022