Frontera subsidiary secures debt refinancing for Sociedad Portuaria Puerto Bahía

2023-04-13T18:16:00
Colombia

Cuatrecasas advises Macquarie on the $120 million financing of Pipeline Investment for Sociedad Portuaria Puerto Bahía

Frontera subsidiary secures debt refinancing for Sociedad Portuaria Puerto Bahía
April 13, 2023
Cuatrecasas has advised Macquarie Bank Limited on a $120 million loan to Pipeline Investment Limited to refinance existing debt of Sociedad Portuaria Puerto Bahía, and for the strategic growth of Frontera Energy Corporation’s midstream segment.

The funding obtained will be essential to develop the strategic plan for Puerto Bahía, Colombia’s most modern multipurpose port.

Advising on this multijurisdictional transaction—involving legal counsel from New York, Panama, the Bahamas, Bermuda, and the British Virgin Islands—was the Cuatrecasas team in Colombia, led by the Bogotá office managing partner, Manuel Quinche. Our lawyers Natalia Arango-Botero, Felipe Londoño and Laura Salazar also participated.

April 13, 2023