Cleary Gottlieb Advises Cemex, Davivienda Loans

Firm also advised on amendment of credit facility of Andean Telecom Partners.

BY LATINVEX STAFF

Cleary Gottlieb represented the lenders in the €500 million (US$493 million) syndicated unsecured term loan of Mexican cement giant Cemex; Colombian bank Banco Davivienda, on a $160 million from Citibank, BofA Securities and Wells Fargo Bank and US-based Andean Telecom Partners (ATP) in the amendment and restatement of its existing revolving credit facility to, among other things, increase the size of the facility to $120 million.

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Keywords: Cleary Gottlieb, Colombia, Finance, Mexico, South America