Via 40 Express’s COP 700,000 Million Project Financing

Philippi Prietocarrizosa Ferrero DU & Uría acted as counsel to the Lenders, Clifford Chance, as New York Counsel to the Lenders.
Paul Hastings acted as New York Counsel to the Obligors, Cuatrecasas, as Colombian Counsel to the Obligors, and Brigard Urrutia, as Colombian Counsel to the Obligors.

Credit Agricole Corporate and Investment Bank, MUFG Bank, Ltd., and Banco Santander S.A. granted Via 40 Express, as Borrower, approximately COP 700,000 million financing.

The proceeds of the financing are to be used to build a third lane in the Bogotá – Girardot highway.

The Vía 40 financing was a remarkable transaction as it was the first non-recourse bridge loan granted to a 4G concessionaire in Colombia. Closing of this transaction represents a great milestone for the project and the infrastructure in Colombia.

Philippi Prietocarrizosa Ferrero DU & Uría’s team was led by Partners Juan Fernando Gaviria and Carlos Padilla, and inlcuded Associates Angie Gómez, Ana María Ramírez, and Camilo Arbeláez.

Clifford Chance’s team inlcuded Partner Fabricio Longhin, Associates Julián Hurtado, Laura Loaiza, and Eli Keene.

Paul Hastings’ team was led by Partner Robert Kartheiser, with Associates Thomas Sines and Juan Martín Estrada.

Cuatrecasas’ team included Partner Manuel Quinche, and Associates Natalia Arango, Verónica Ossa, and Natalia Serrano.

Brigard Urrutia’s team included Associates Maria Alejandra Salamanca, and Juan Pablo Canaval.

Involved fees earner: Juan Pablo Canaval – Brigard & Urrutia; María Alejandra Salamanca – Brigard & Urrutia; Julian Hurtado Vallejo – Clifford Chance; Eli Keene – Clifford Chance; Laura Loaiza – Clifford Chance; Fabricio Longhin – Clifford Chance; Natalia Arango – Cuatrecasas; Verónica Ossa Dávila – Cuatrecasas; Manuel Quinche – Cuatrecasas; Natalia Serrano – Cuatrecasas; Juan Martín Estrada – Paul Hastings; Robert Kartheiser – Paul Hastings; Thomas Sines – Paul Hastings; Camilo Arbeláez – Philippi Prietocarrizosa Ferrero DU & Uría; Juan Fernando Gaviria – Philippi Prietocarrizosa Ferrero DU & Uría; Angie Gómez – Philippi Prietocarrizosa Ferrero DU & Uría; Carlos Padilla – Philippi Prietocarrizosa Ferrero DU & Uría; Ana María Ramírez – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Brigard & Urrutia; Clifford Chance; Cuatrecasas; Paul Hastings; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Banco Santander Sa; Crédit Agricole Corporate and Investment Bank; MUFG Bank, Ltd.; Via 40 Express;

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