Posse Herrera Ruiz Advises China Development Bank…

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POSSE HERRERA RUIZ ADVISES CHINA DEVELOPMENT BANK SHENZHEN BRACH IN THE FINANCING GRANTED TO PARTNERS TELECOM COLOMBIA S.A.S. (WOM) AND AVANTEL S.A.S. EN REORGANIZACIÓN

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

CROSS-BORDER MATTER: London

LEGAL ADVISORS

COUNSEL TO CHINA DEVELOPMENT BANK SHENZHEN BRANCH

Posse Herrera Ruiz

Leading Partner(s)
Mariana Posse Other Lawyers
Mauricio Nieto, Paula Albán

Clifford Chance

Leading Partner(s)
Vicky Ma Other Lawyers
Jia Yin Leong, Kaiqi Deng, Jihua Ni

COUNSEL TO WOM

White & Case

Leading Partner(s)

Matthew Weetman

GPA Leading Partner(s)

Ricardo Fandiño

Other Lawyers
Tonia Orozco, Santiago Ariza

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