Market: Colombia

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

General Atlantic invests in Latin American education platform

US investor General Atlantic has turned to Mexican firm Creel, García-Cuéllar, Aiza & Enríquez, SC and Philippi Prietocarrizosa Ferrero DU & Uría in Bogotá and Lima to inject US$70 million into regional education technology platform Crehana.

19 August 2021

Plastics maker issues Peru’s first global sustainability-linked bond

Peruvian plastic packaging company San Miguel Industrias (SMI) has hired Skadden, Arps, Slate, Meagher & Flom LLP in New York and BBGS Abogados (Peru) to issue sustainability-linked bonds and launch a tender offer, with both transactions worth a total of US$585 million.

16 August 2021

Colombian delivery start-up gets third funding round

A group of investors, led by the Inter-American Investment Corporation, Colony Latam partners and IDC Ventures, have enlisted Gómez-Pinzón in Bogotá to inject US$50 million in Colombian grocery delivery company Merqueo.

13 August 2021

I Squared Capital buys Colombian port assets from Southern Cross

US investment fund I Squared Capital has enlisted Garrigues (Colombia) to acquire local port assets from one of Latin America’s biggest private equity funds, Southern Cross.

13 August 2021

French business solution company buys Colombian counterpart

French business solutions provider Webhelp has enlisted five offices of Latham & Watkins LLP, several offices of Central American law firm Arias, Mexican firm González Calvillo, SC and Posse Herrera Ruiz in Bogotá to acquire Colombia’s OneLink.

11 August 2021

Enel Américas and Grupo Energía Bogotá join forces in Colombia

Garrigues (Colombia) has helped regional energy group Enel Américas launch a Colombian electricity supplier through a merger agreement with Grupo Energía Bogotá (GEB), worth US$673 million.

10 August 2021

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