Posse Herrera Ruiz acted as legal counsel to China Development Bank Shenzhen Branch in the financing granted to Partners Telecom Colombia S.A.S. (WOM) and Avantel S.A.S. In Reorganization for the maintenance and development of mobile telecommunication networks in Colombia.
The financing was structured through a facility agreement under the laws of London for USD 200.000.000 and involved a complex security package mainly governed by Colombian law.
- Deal value: USD 200.000.000
- Closing date: Friday, January 21, 2022
COUNSEL TO CHINA DEVELOPMENT BANK SHENZHEN BRANCH
Posse Herrera Ruiz
- Mariana Posse (Partner), Mauricio Nieto (Associate), Paula Albán (Associate)
Clifford Chance
- Vicky Ma (Partner), Jia Yin Leong (Associate), Kaiqi Deng (Associate), Jihua Ni (Associate).
COUNSEL TO WOM
White & Case
- Matthew Weetman (Partner)
GPA
Ricardo Fandiño (Partner), Tonia Orozco (Associate), Santiago Ariza (Associate).