Clifford Chance acts on TRECSA’s US$110m notes by Grupo Energía Bogotá
Clifford Chance has advised Transportadora de Energía de Centroamérica (TRECSA), a Guatemalan subsidiary of Grupo Energía Bogotá (GEB), on the issuance of US$110 million in aggregate principal amount of notes, guaranteed by GEB.
The transaction, structured as a private placement under Section 4(a)(2) of the US Securities Act of 1933, represents GEB’s first private placement in this format and underscores the group’s continued access to international capital markets.
TRECSA provides management, development, operation, and maintenance services for energy transport infrastructure in Guatemala and plays a key role in the region’s electricity transmission network.
The Clifford Chance team advising on the deal was led by partner Hugo Triaca (pictured), with associates David Rondón and Adriana Cabal Gutiérrez. Partner Avrohom Gelber advised on tax matters, while partner Jefferey LeMaster and associates Jillian Leavey and Emily Picard provided advice on the Investment Company Act of 1940.
