Clifford Chance

Clifford Chance advises Frontera Energy Corporation on successful capped tender offer and consent solicitation

Global law firm Clifford Chance has advised Frontera Energy Corporation (FEC) in connection with a tender offer for up to US$80 million in aggregate principal amount of its 7.875% Senior Notes due 2028 (the Notes), and a concurrent consent solicitation. FEC received the requisite consents to implement certain proposed amendments to the indenture governing the terms of the Notes.

The Clifford Chance team advising on the deal comprised partner Hugo Triaca and associates Joyce Moore and David Rondon. Partner Avrohom Gelber and associate Gil Shauly advised on tax matters.

Clifford Chance advises on many similar transactions in the market, including Peru's COFIDE on its new sustainable bond offering and related tender offer and on the US$1 billion notes issuance and tender offer by the Republic of El Salvador.