Holland & Knight Represents Grupo Energía Bogotá on $509 Million Syndicated Loan
NEW YORK (December 13, 2022) – Holland & Knight represented Grupo Energía Bogotá S.A. E.S.P. (GEB) as borrower on a $509 million five-year term loan facility granted by the following syndicated banks: Sumitomo Mitsui Banking Corporation, The Bank of Nova Scotia, Bank of China Limited (Panama Branch), Citibank N.A. International Banking Facility and Banco de Sabadell S.A. Miami Branch. The facility closed on November 23.
GEB is a Colombian public services company engaged in the generation, transmission, distribution and commercialization of energy, including gas and combustible liquids in all their forms. The company will use the proceeds of the loan to finance its 2018-2022 Investment Plan.
Holland & Knight's representation of GEB on the deal was led by Partner Norberto Quintana, Associate Maria De Bedout and international law clerk Paolo Franco.