A subsidiary of Brazil’s Cosan bought PetroChoice Lubrication Solutions for $479 million in a deal advised by Paul Hastings. (Photo:PetroChoice)
Mike Fitzgerald, Jon Kellner and Thomas Sines, Paul Hastings. (Latinvex collage)
Wednesday, June 8, 2022
Legal Briefs
Paul Hastings Advises Latin America Loans, Deals
Firm advises Moove-Petrochoice deal; Concecol, Iberdrola loans.
BY LATINVEX STAFF
Paul Hastings represented a club of international commercial bank lenders in the $550 million term loan to Colombiana de Licitaciones y Concesiones (Concecol); lubricants and base oils producer and distributor Moove (a subsidiary of Brazil’s Cosan) in its acquisition of PetroChoice Lubrication Solutions from Golden Gate Capital for $479 million and the lenders in connection with the amendment, restatement and extension of a $400 million senior loan for Iberdrola México.
Keywords: Brazil, Colombia, Finance, Mexico, M&As, Paul Hastings
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