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15 September 20222 minute read

DLA Piper Martinez Beltrán advises in a financing agreement for Vías del Nus toll road project for up to US$332m

DLA Piper Martínez Beltrán advised Bancolombia S.A., Banco de Bogotá S.A., Banco de Occidente S.A. and Instituto para el Desarrollo de Antioquia in the negotiation, execution and closing of a facility agreement for the refinancing of the Vías del Nus toll road project, part of the 4G Concession program.

The agreement includes the cash out, payment of outstanding debt and payment of project costs for a total of up to US$332 million.

The DLA Piper team advising on the financing was led by partner Sebastián Lora and included associates Carlos Guzmán, Isabela Ramírez and Felipe Buitrago (all Colombia).

DLA Piper Latin America's team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With over 400 lawyers practicing throughout Argentina, Brazil, Colombia, Chile, Mexico, Peru, and Puerto Rico, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe to ensure our clients receive the depth of service they require to meet their legal and business objectives.

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