Four law firms guide $300 million loan for Colombia Movil

PPU, Jones Day, White & Case and Gómez-Pinzón Zuleta convened to broker a $300 million syndicated loan for the Colombian mobile telephony operator. 

Colombia Movil, marketed under the Tigo brand, is Colombia´s third largest operator of mobile telephony. It is headquartered in Bogota and is a subsidiary of UNE EPM Telecomunicaciones. The latter acted as guarantor of the loan.

The bank syndicate included JP Morgan Chase, The Bank of Nova Scotia, AB Svensk Exportkredit, Banco de Crédito del Perú, Citibank, Itaú Panamá, Natixis New York Branch, Banco de Sabadell Miami Branch, Banco Santander de Negocios Colombia, Banco Santander and Banco de Crédito Del Perú Miami Agency.

Partner Hernando Padilla led the team at Philippi, Prietocarrizosa, Ferrero DU & Uría which provided local counsel in Colombia to the borrower and guarantor. The telecom operators mandated White & Case as international counsel.

The banks worked with Jones Day as international counsel and Gómez-Pinzón Zuleta as counsel in Colombia.

Four law firms guide $300 million loan for Colombia Movil

Ignacio Abella

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram