Posse Herrera Ruiz: Corpgroup Closes the Sale of its Stake in ITAU Corpbanca Colombia S.A.

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CORPGROUP CLOSES THE SALE OF ITS STAKE IN ITAÚ CORPBANCA COLOMBIA S.A. TO PAY ITS REFINANCING DEBT WITH ITAÚ

DEAL VALUE: USD $ 414.142.063,65                                       STAKE: 12,3616%
ANNOUNCEMENT/SIGNING DATE:                                       Tuesday, February 22, 2022
CLOSING DATE:                                                                             Tuesday, February 22, 2022

Cross-border matter: Colombia, Chile, United States, Bahamas

LEGAL ADVISORS

COUNSEL TO CORPGROUP

Posse Herrera Ruiz

Leading Partner(s):                                                                          Gabriel Sánchez and Juan David Velasco

Other Lawyers:                                                                                  Susana Gómez, María Alejandra Medina, Julián Uribe and Alejandro Ávila

Simpson Thacher & Bartlett LLP

Leading Partner(s):                                                                           Juan M. Naveira and Michael H. Torkin

Other Lawyers:                                                                                   Zachary Weiner, David Zylberberg and Jon Vicuña

In-house Counsel Lawyers:                                                     Andrés Winter, Cristobal Elzo and Alberto Mattos

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