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PPU instructed on crossboder loan to Promigas

  • News
  • 17 January 2017
  • 66
  • 1 minute read
Philippi Prietocarrizosa Ferrero DU & Uría in Colombia and Peru advised Promigas and a Peruvian affiliate on obtaining a $200 million loan.

Promigas is a Colombian company focused on the transportation and distribution of natural gas and electricity. The company operates in several markets in Latin American, including Peru, where it partially owns Gases del Pacífico, the gas distributor.

The $200 million unsecured syndicated loan was provided by 15 international banks from Japan, Perú, Colombia and Spain including Santander, Mizuho Bank and Banco de Credito del Peru

Partners Juan Fernando Gaviria in Colombia and Miguel Ronceros in Peru led the PPU team advising the borrowers. For NY counsel, Promigas and Gases del Pacifico instructed White & Case. 

The banks retained Rebaza, Alcazar & de las Casas in Peru and Holland & Knight in Colombia and the US. 

 

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Ignacio Abella

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