Holland & Knight Advises Lead Arrangers on $400 Million Syndicated Term Loan Facility for Banistmo S.A.
NEW YORK (October 30, 2014) – Holland & Knight served as special New York counsel in connection with a $400 million syndicated term loan facility for Banistmo S.A. The transaction marked the first global syndicated loan for Banistmo, a subsidiary of Bancolombia S.A., with a term of three years. The transaction closed on October 7.
The firm advised administrative agent The Bank of Tokyo-Mitsubishi UFJ, Ltd. and joint lead arrangers The Bank of Tokyo-Mitsubishi UFJ, Ltd.; J.P. Morgan Securities LLC; and Wells Fargo Securities, LLC.
New York-based partner Norberto Quintana and associate Carlos Meza led the firm's representation of the lenders in the transaction. Miami-based senior counsel Gabriel Caballero provided banking regulatory advice.