Colombian concrete maker gets credit line

Colombian concrete maker gets credit line

Linklaters in New York and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) in Bogotá have helped Colombian concrete maker Cementos Argos obtain a US$100 million loan through its US subsidiary.

The lender ING Bank enlisted Hogan Lovells LLP in New York and Washington, DC, and Brigard Urrutia in Bogotá. The deal closed on 9 March.

Argos’ subsidiary will use the proceeds to fund general corporate expenses. The company is among the biggest concrete makers in the US.

Counsel to Cementos Argos

In-house counsel – Daniel Vélez

Linklaters

Partner Michael Bassett and associates Zachary Anderson, Matthew Brigham and Philip Jaworskyj in New York

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia)

Associates Carolina Duque and Beatriz Albors Cano

Counsel to ING Bank

Hogan Lovells LLP

Partners Rick Martinez and Jeff Tolin, and associate Catherine Chen in New York and partner Andrew Lee in Washington, DC

Brigard Urrutia

Partner Manuel Fernando Quinche and associates María Fernanda Sánchez, Natalia Arango and Maya Alejandra Bhatia Ramos in Bogotá

Fuente:

Latin Lawyer

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