Posse Herrera Ruiz acted as legal counsel to Concesión La Pintada S.A.S and its sponsor Odinsa S.A. and West Valley JL Holdco Limited in the peso refinancing of its Project Autopista Conexión Pacífico 2, granted under the Concession Agreement No.006 of 2014 part of the second group of the fourth (4th) Generation Toll Road Concession Projects known as 4G.
The refinancing of the existing peso indebtedness of Project Pacífico 2 provides for a peso credit agreement governed by the laws of Colombia, with peso term loan commitments for an amount of COP $840.000.000.000 and a revolving liquidity credit agreement governed by the laws of Colombia for an amount of COP $150.000.000.000.
Banco Davivienda S.A. and Bancolombia S.A. acted as peso Lenders. Compartimento A del fondo de capital privado denominado FCP Deuda Infraestructura II Sura – Credicorp Capital and Compartimento Liquidez I del fondo de capital privado denominado FCP 4G | Credicorp Capital – Sura Asset Management acted as liquidity lenders. Cititrust Colombia S.A. Sociedad Fiduciaria acted as Administrative Agent.
- Value: 840.000.000.000
- Announcement date: May 6, 2022
- Closing date: June 9, 2022
Legal Advisors
Counsel to Concesión La Pintada S.A.S and its sponsors Odinsa S.A. and West Valley JL Holdco Limited
Posse Herrera Ruiz
Leading Partner(s) | Mariana Posse |
Other Lawyers | Mauricio Nieto, Paula Albán and Luis Felipe Olarte |
Paul Hastings
Leading Partner(s) | Robert Kartheiser and Thomas Sines |
Other Lawyers | Juan Martín Estrada |
Counsel to mandated Lead Arranger and Bookrunners
Mayer Brown
Leading Partner(s) | Juan Pablo Moreno |
Other Lawyers | Luis Schrader |
Brigard Urrutia
Leading Partner(s) | Cesar Felipe Rodríguez |
Other Lawyers | Jorge Padilla y Diana Quintero |
Cuatrecasas
Leading Partner(s) | Juan Carlos Puentes |
Other Lawyers | Angie Gómez y Lorenzo Lizarralde |