White & Case assists Bayport Colombia on $150m loan
White & Case has advised Bayport Colombia, a subsidiary of specialist credit provider Bayport Management Limited, on its entry into a COP-denominated secured loan agreement of up to $150 million through a Colombian trust established by Bayport Colombia as borrower, and a syndicate of leading international lenders.
Bayport Management is a multinational company offering transactional banking, credit and insurance solutions to individuals and microbusinesses in emerging and frontier markets.
Bayport has 243 branches in Africa and 77 in Latin America, servicing a consolidated borrower base of more than 500,000.
The proceeds of the loan will be used to expand Bayport’s Colombian operations.
The White & Case team that advised on the transaction was led by partner Sabrena Silver (pictured) and included associates Nathalia Osorio and Heather Cameron, all based in New York.
