Distrito Especial, Industrial y Portuario de Barranquilla’s US$100 Million Unsecured Financing

Clifford Chance has advised Distrito Especial, Industrial y Portuario de Barranquilla on the deal. Mendoza Abogados acted as Colombian counsel and Diestro acted as financial advisor to the Distrito de Barranquilla. Mayer Brown and PPU acted as New York and Colombian counsels to the lender, respectively.

The Distrito de Barranquilla was granted a US$100,000,000 senior unsecured financing provided by Deutsche Bank, AG.

The proceeds of the loans will be used by the Distrito de Barranquilla for the purpose of financing public infrastructure projects included in the 2020-2023 development plan “Soy Barranquilla”. Soy Barranquilla aims to focus on social investment, particularly in the city’s health, education, security, housing and public service sectors.

The Clifford Chance team comprised partner Hugo Triaca (Picture), counsel Alberto Haito and Greg Kahn and associates Julian Hurtado Vallejo and Luis Fortuño.

The PPU team comprised Hernando Padilla (Partner), Paula Buriticá (Associate), and Ximena González (Associate).

The Mendoza Abogados team included Mateo Mendoza (Partner), Clara Robledo (senior associate), and Maria Esther Eljach (junior associate).

The Mayer Brown included Juan Pablo Moreno (Partner) and Ermelinda Villagomez (associate).

Involved fees earner: Luis Fortuño – Clifford Chance; Alberto Haito – Clifford Chance; Julian Hurtado Vallejo – Clifford Chance; Greg Kahn – Clifford Chance; Hugo Triaca – Clifford Chance; Juan Pablo Moreno – Mayer Brown; Ermelinda Villagomez – Mayer Brown; María Esther Eljach – Mendoza Abogados; Mateo Mendoza – Mendoza Abogados; Paula Buriticá Caicedo – Philippi Prietocarrizosa Ferrero DU & Uría; Ximena González Cardozo – Philippi Prietocarrizosa Ferrero DU & Uría; Hernando Padilla – Philippi Prietocarrizosa Ferrero DU & Uría; Clara Robledo – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Clifford Chance; Mayer Brown; Mendoza Abogados; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Deutsche Bank; Distrito Especial, Industrial y Portuario de Barranquilla;

Author: Martina Bellini