Clifford Chance

Clifford Chance advises on Frontera Pipeline Investment AG's US$220 million debt refinancing and recapitalization

Global law firm Clifford Chance has advised Macquarie Bank Limited as sole lead arranger and bookrunner in connection with the US$220 million non-recourse, multi-tranche, first and second lien senior secured credit facility for the debt refinancing and recapitalization provided to Frontera Pipeline Investment AG, a wholly owned subsidiary of Frontera Energy Corporation (FEC).

The Clifford Chance team advising on the deal comprised partner Hugo Triaca, counsel Andrés Berry, associates Mariana Gutierrez Ruiz and Jorge Vázquez Navarro and foreign law clerk Cristian Ragucci.

Clifford Chance advises on many financing transactions in the Latin American market, including advising the lenders on the US$120 million debt refinancing in 2023 of indebtedness of Sociedad Portuaria Puerto Bahía S.A., a subsidiary of FEC that operates a port facility in Cartagena, Colombia.