Alonso Miranda and Adrián Tovar

Echecopar represents El Platanal on $75m loan

Estudio Echecopar, associated with Baker & McKenzie International, has represented Compañía Eléctrica El Platanal in a loan for USD 75’000,000.00 granted by Banco de Crédito e Inversiones (Miami Branch).

The objective is to use the funds to partially finance the acquisition of 100% of the shares issued by Termochilca, as well as the collection rights corresponding to a syndicate of lenders arising from receivables under certain loan agreements, and the totality of certain corporate bonds issued by Termochilca.

Echecopar’s team consisted of partner Alonso Miranda (pictured left) and associate Adrián Tovar (pictured right).

L Giselle Estrada