NG Closures’ $46 Million Loan


Skadden, Garrigues, Godoy & Hoyos, Andrade Veloz, Barros & Errázuriz, Gómez-Pinzón, Miranda & Amado and Pérez Bustamante & Ponce advised on the transaction

NG Closures S.A.C. – operating as a subsidiary of Sinea Closures – secured a $46 Million Credit facility from Citibank N.A.

Proceedings will be used to refinance existing debts.

Sinea Closures designs, manufactures and markets a wide variety of caps for industries such as soft drinks, water, beer, juice and pharmaceuticals. The company is among the top three manufacturers of plastic caps in Latinamerica.

Skadden, Arps, Slate, Meagher & Flom advised NG Closures S.A.C. with Alejandro González Lazzeri (Picture), Nicolás Pérez Sierra and Verónica López Gacio.

Garrigues advised NG Closures S.A.C. with Sergio Amiel, Héctor Zegarra, Carla Cardoza, Carolina Pérez, Pedro García Morales, Antonio Morales Mutis and Federico Espinosa Fernández.

Godoy & Hoyos Abogados advised NG Closures S.A.C. with Jaime Moya.

In Quito, Andrade Veloz advised NG Closures S.A.C. with Xavier Andrade.

Barros & Errázuriz advised Citibank with Gonzalo Molina, José Tomás Lavín and Francisca Ossa.

In Colombia, Gómez-Pinzón Abogados advised Citibank with Ricardo Fandiño, Diana Bogotá Prieto and Valentina Carrillo.

Miranda & Amado advised Citibank with Juan Luis Avendaño Cisneros, Gabriela Dañino Sinclair, José Villafuerte and Rafael Santín.

Pérez Bustamante & Ponce advised Citibank with Juan Manuel Marchán and Natalia Almeida.

Involved fees earner: Xavier Andrade – Andrade Veloz; Jaime Moya Suárez – Godoy & Hoyos; Juan Manuel Marchán-Maldonado – Pérez Bustamante & Ponce; Natalia Almeida Oleas – Pérez Bustamante & Ponce; Ricardo Fandiño – Gómez-Pinzón Zuleta Abogados; Diana Bogotá Prieto – Gómez-Pinzón Zuleta Abogados; Valentina Carrillo Bustamante – Gómez-Pinzón Zuleta Abogados; Gonzalo Molina – Barros & Errázuriz Abogados; José Tomás Lavin – Barros & Errázuriz Abogados; Francisca Ossa – Barros & Errázuriz Abogados; Juan Luis Avendaño – Miranda & Amado Abogados; Gabriela Dañino Sinclair – Miranda & Amado Abogados; José Villafuerte Mendoza – Miranda & Amado Abogados; Rafael Santín López Torres – Miranda & Amado Abogados; Sergio Amiel – Garrigues; Héctor Zegarra – Garrigues; Carla Cardoza – Garrigues; Pedro García Morales – Garrigues; Antonio Morales Mutis – Garrigues; Federico Espinosa Fernández – Garrigues; Alejandro Gonzalez Lazzeri – Skadden Arps Slate Meager & Flom; Nicolas Perez Sierra – Skadden Arps Slate Meager & Flom; Veronica Lopez Gacio – Skadden Arps Slate Meager & Flom;

Law Firms: Andrade Veloz; Godoy & Hoyos; Pérez Bustamante & Ponce; Gómez-Pinzón Zuleta Abogados; Barros & Errázuriz Abogados; Miranda & Amado Abogados; Garrigues; Skadden Arps Slate Meager & Flom;

Clients: Citibank; NG Closures;