International Tug’s $42 Million Syndicated Loan


Milbank, Philippi Prietocarrizosa Ferrero DU & Uría, Icaza, González-Ruiz & Alemán, Veirano, Paul Hastings, Gómez-Pinzón, Creel, García-Cuéllar, Aiza y Enríquez and De Castro & Robles advised on the transaction

International Tug S.A.S. secured a Syndicated loan with Credit Suisse AG, Metrobank S.A. and Davivienda S.A.

Proceeds will be used to pay existing debts and to purchase vessels.

International Tug SA Intertug SA provides maritime vessel support services in Latin America and the Caribbean. The Company’s services include assistance in port operations, marine transortation, rescue services, fire control, spill and pollution control and offshore support operations.

Philippi Prietocarrizosa Ferrero DU & Uría advised International Tug S.A.S. with Hernando Padilla (Picture) Paula Buriticá and Pedro Arango.

In Panama, Icaza, González-Ruiz & Alemán advised International Tug S.A.S. with Joel R. Medina, Francisco González-Ruiz A. and Alfredo Fonseca.

In Brazil, Veirano advised International Tug S.A.S. with Otavio Carneiro and Elisa Rezende.

Paul Hastings advised Credit Suisse AG, Metrobank S.A. and Davivienda S.A. with Cathleen McLaughlin, Alex Herman, Inho Ko and Yana Lantsberg.

In Colombia, Gómez-Pinzón advised Credit Suisse AG, Metrobank S.A. and Davivienda S.A. with Daniel Londoño, Alejandro Bonfante and Daniel Alzate.

In Mexico Creel, García-Cuéllar, Aiza y Enríquez advised Credit Suisse AG, Metrobank S.A. and Davivienda S.A. with Rodrigo Castelazo, Leonel Pereznieto and Christian Dorantes.

In Panama De Castro & Robles advised Credit Suisse AG, Metrobank S.A. and Davivienda S.A. with Eduardo Real.

Involved fees earner: Eduardo Antonio Real Solis – De Castro & Robles; Joel Medina – Icaza, González-Ruiz & Alemán ; Francisco Gonzalez-Ruiz A. – Icaza, González-Ruiz & Alemán ; Alfredo Fonseca Zauner – Icaza, González-Ruiz & Alemán ; Rodrigo Castelazo – Creel, García-Cuéllar, Aiza y Enriquez SC; Christian Dorantes Picazo – Creel, García-Cuéllar, Aiza y Enriquez SC; Leonel Pereznieto Del Prado – Creel, García-Cuéllar, Aiza y Enriquez SC; Daniel Londoño – Gómez-Pinzón Zuleta Abogados; Daniel Mateo Alzate Mesa – Gómez-Pinzón Zuleta Abogados; Alejandro Bonfante Núñez – Gómez-Pinzón Zuleta Abogados; Hernando Padilla – Philippi Prietocarrizosa Ferrero DU & Uría; Paula Buriticá Caicedo – Philippi Prietocarrizosa Ferrero DU & Uría; Pedro Arango – Philippi Prietocarrizosa Ferrero DU & Uría; Otavio Carneiro – Veirano Advogados; Elisa Rezende – Veirano Advogados; Cathleen McLaughlin – Paul Hastings; Alex Herman – Paul Hastings; Inho Ko – Paul Hastings; Yana Lantsberg – Paul Hastings;

Law Firms: De Castro & Robles; Icaza, González-Ruiz & Alemán ; Creel, García-Cuéllar, Aiza y Enriquez SC; Gómez-Pinzón Zuleta Abogados; Philippi Prietocarrizosa Ferrero DU & Uría; Veirano Advogados; Paul Hastings;

Clients: Credit Suisse; MetroBank, S.A.; Banco Davivienda S.A.; International Tug S.A.S. ;

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Author: Ambrogio Visconti.