Market: Colombia

Several firms in Colombia’s first long-term renewables loan

Spanish energy platform Matrix Renewables has turned to Latham & Watkins LLP in Washington, DC and New York and Brigard Urrutia in Bogotá to obtain a credit facility from Bancolombia and IDB Invest.

15 November 2021

Avianca set for UK move after Chapter 11 restructuring approval

Latin American airline Avianca has secured court approval of its Chapter 11 restructuring plan in New York, shortly after revealing plans to shift its domicile to the UK.

10 November 2021

Colombia makes US$1 billion issuance and consolidates bonds

The Republic of Colombia has enlisted Arnold & Porter in Washington, DC, London and New York to make its third sovereign bond issuance since the start of the year, raising US$1 billion.

09 November 2021

Ex-Norton Rose partner joins Gómez-Pinzón

Colombian Elite firm Gómez-Pinzón has strengthened its M&A group by welcoming back a former associate as partner.

08 November 2021

US firm Rimon expands in Colombia

Rimon Law has expanded its Bogotá office by hiring three partners and a group of associates from recognised Colombian competition outfit Ibarra Abogados, rebranding to Ibarra-Rimon with the move.

05 November 2021

Multiple firms in Colombia’s first PPP hospital financing

Garrigues (Colombia) has helped local medical company Promotora Hospital de Bosa and its sponsor, Spain’s Grupo Ortiz, receive a US$68 million loan to fund the construction of the Andean country’s first public-private partnership (PPP) hospital.

22 October 2021

Indian telecoms company buys Andean assets

DLA Piper Martínez Beltrán in Bogotá, DLA Piper (Peru) and S&R Associates in New Delhi and Mumbai have helped Latin American cloud communications company Masivian in its US$50 million sale to Indian counterpart Route Mobile.

21 October 2021

Spain’s Indra calls on Posse Herrera to expand in Colombia

Posse Herrera Ruiz has helped an affiliate of Spanish technology company Indra acquire Colombian technology and consulting group Consultoría Organizacional.

13 October 2021

Colombian equity fund buys electricity plant

The Colombian Infrastructure Equity Fund (CIEF) has turned to Baker McKenzie (Colombia) to purchase an electricity generation plant from investment group Fondo Ashmore Andino.

08 October 2021

Colombian medical company combines with US SPAC

Greenberg Traurig LLP in Miami and Fort Lauderdale, Arendt & Medernach in Luxembourg and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) have helped international pharmaceutical company Procaps combine with a US special purpose acquisition company (SPAC), in a US$160 million deal that makes the Latin American business a publicly-listed entity.

06 October 2021

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