10 July, 2017 Colombia

Four firms in Colombia Móvil credit facility

Corporate / M&A

White & Case LLP’s Miami office and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) have helped mobile phone company Colombia Móvil and integrated communications company UNE EPM Telecommunications obtain a US$300 million credit facility from a group of lenders led by JP Morgan Chase and The Bank of Nova Scotia.

JP Morgan Chase, The Bank of Nova Scotia and the group of lenders received counsel from Jones Day in Miami and Gómez-Pinzón Zuleta Abogados in Colombia. The deal closed on 21 June.

UNE EPM acted as a guarantor. The funds will be used to refinance Colombia Móvil’s shareholder debt.

Counsel to Colombia Móvil and UNE EPM

In-house counsel – Ana Lucia Roldan and Juan Solano

White & Case LLP

Partner Carlos Viana and associates Thomas Pate, Ana Maria Arias, Sasha Young Hudson and Peter Ott in Miami

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia)

Partner Hernando Padilla and associates María Victoria Pérez and Lorena Cruz in Bogotá

Counsel for JP Morgan Chase, The Bank of Nova Scotia and the group of lenders

Jones Day

Partner Fradyn Suarez and associates Elba Bermudez in Miami

Gómez-Pinzón Zuleta Abogados

Partner Daniel Londoño and associates Alejandro Bonfante and Daniel Alzate in Bogotá