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A classic oil rig outside Ecopetrol headquarters in Bogota. Milbank advised the company¿’s new $1.2 billion credit facility. (Photo: Felipe Restrepo Acosta)
Carlos Albarracín, Milbank; Jeff Lewis, Cleary Gottlieb and Hugo Triaca, Clifford Chance. (Latinvex collage)
Wednesday, May 8, 2024

Milbank Advises $1.2 Bln Ecopetrol Loan

Cleary Gottlieb, Clifford Chance, Paul Weiss, Simpson Thacher advise LatAm work.

BY LATINVEX STAFF 

Milbank advised a group of six international banks in connection with a new $1.2 billion credit facility for Colombia’s state-owned oil and gas company Ecopetrol; Paul Weiss is advising US-based General Atlantic as the lead investor in a strategic minority investment in Brazil-based sports and media company LiveMode; Cleary Gottlieb represented Brazilian miner Vale in the closing of the approximately $2.5 billion investment by Manara Minerals; Clifford Chance advised Peruvian state-owned development bank COFIDE on its $300 million offer and Simpson Thacher represented Pan American Energy on its $400 million offer.

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Keywords: Argentina, Brazil, Cleary Gottlieb, Clifford Chance, Colombia, Milbank, Paul Weiss, Peru, Simpson Thacher

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