Cuatrecasas and Brigard Urrutia advise VINCI and Constructora Concreto on obtaining financing of US$195 million in Colombia

March 25, 2021

The Cuatrecasas lawyers in Bogotá and Brigard Urrutia lawyers advised VINCI Highways and Constructora Concreto on obtaining financing of US$195 million from Crédit Agricole, MUFG Bank and Banco Santander. The companies will use this financing to extend the Via 40 Express toll road in the center of Colombia, which connects Bogotá with Giradot.

This transaction is highly innovative due to the use of a synthetic structure that enabled the international financing parties to grant the financing in local currency.

The Cuatrecasas team advising VINCI, Constructora Concreto and Vía 40 Express was made up of Manuel Quinche, Natalia Arango, Verónica Ossa, Natalia Serrano and Sofía Esguerra. The Brigard Urrutia team was made up of Juan Pablo Canaval and María Alejandra Salamanca.

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