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Clifford Chance advises SierraCol on acquisition financing in Colombia

April 1, 2024

Clifford Chance advises SierraCol on acquisition financing in Colombia

Global law firm Clifford Chance has advised Colombian oil producer SierraCol Energy Limited, and certain of its affiliates, in connection with a loan provided by Bancolombia (Panamá) S.A. to finance the acquisition of certain assets in Colombia.

The Clifford Chance deal team was led by partner Hugo Triaca and associate Andrés Berry, and included law clerk Jorge Vázquez Navarro and foreign law clerk Juan Andrés Bosch Muñoz in New York, with additional support from:

  • London (as local counsel): partners James Pay and Clare Burgess, senior associate Samiha Bham and lawyer Muhammad Akhtar
  • Tax: partners Avrohom Gelber (New York) and Jemma Dick (London) and lawyer Alex Shaw (London)
  • Funds: partner Jefferey LeMaster and associate Emily Picard (New York)
  • Banking & Finance: partner Michelle McGreal (New York)

Clifford Chance advises on many acquisition financing transactions in the Latin American market, most recently on the acquisition financing for a steel-producing joint venture and on a financing to LNG Energy Group to acquire an entity with O&G assets in Colombia.