BTS Torres’s $26.1 Million Loan


DLA Piper, DLA Piper Pizarro Botto Escobar, Loyens & Loeff, Rogers & Hardin, Forum Abogados and Estudio Echecopar (Baker & McKenzie) advised on the transaction

BTS Torres, operating as a subsidiary of BTS Towers, secured a $26.1 million loan due 2032 from Overseas Private Investment Corporation (OPIC).

Proceeds will be used to finance the construction and operation of telecommunications towers in Peru and Ecuador.

The Project will deploy at least 500 towers that will help meet the coverage and density requirements for 4G mobile broadband networks.

DLA Piper advised Overseas Private Investment Corporation with Amala Nath.

DLA Piper Pizarro Botto Escobar advised Overseas Private Investment Corporation with Ricardo Escobar (Picture), Reyna Silva Santisteban and Ricardo Mercado.

Loyens & Loeff advised BTS Torres GmbH with Marco Toni, Ehsan Shirzadi, Stéphanie Hagmann, Valérie Schrämli, Fabian Sutter and Marlou van Bussel.

In US, Rogers & Hardin advised BTS Torres GmbH with Robert Hussle and Jennifer Dowell.

Forum Abogados advised BTS Torres GmbH with María Cristina Flores, María Alexandra Tufiño and Pablo Marcelo Espinosa.

Estudio Echecopar (Baker & McKenzie) advised BTS Towers GmbH, BTS Towers de Peru S.A.C. and Peru Sitios BTS S.A.C. with Marco Alarcón Piana, Uldarico Ossio and Carla Navarro.

Involved fees earner: Marco Alarcon – Baker McKenzie; Carla Navarro – Baker McKenzie; Uldarico Ossio – Baker McKenzie; Amala Nath – DLA Piper; Ricardo Escobar – DLA Piper – Pizarro, Botto & Escobar; Ricardo Mercado – DLA Piper – Pizarro, Botto & Escobar; Reyna Silva-Santisteban – DLA Piper – Pizarro, Botto & Escobar; María Cristina Flores – Forum Abogados; María Alexandra Tufiño – Forum Abogados; Stéphanie Hagmann – Loyens & Loeff; Valérie Schrämli – Loyens & Loeff; Ehsan Shirzadi – Loyens & Loeff; Fabian Sutter – Loyens & Loeff; Marco Toni – Loyens & Loeff; Marlou van Bussel – Loyens & Loeff; Jennifer Dowell – Rogers & Hardin ; Robert Hussle – Rogers & Hardin ;

Law Firms: Baker McKenzie; DLA Piper; DLA Piper – Pizarro, Botto & Escobar; Forum Abogados; Loyens & Loeff; Rogers & Hardin ;

Clients: BTS Torres BV; BTS Towers de Peru S.A.C. ; BTS Towers GmbH; Overseas Private Investment Corporation; Peru Sitios BTS S.A.C.;

Author: Ambrogio Visconti.