Confipetrol closes USD 100 million cross-border syndicated loan in Peru and Colombia
Confipetrol Andina (Peru) and Confipetrol (Colombia) received a USD 100 million cross-border syndicated financing coordinated by Banco Santander Peru and Colombia. The deal was structured as two USD 50 million loans under a single credit agreement governed by New York law, with 13 commercial institutions in the syndicate. The Peruvian loan was disbursed in soles and the Colombian one in Colombian pesos. Proceeds will be used for debt refinancing and general corporate purposes. The transaction closed on October 21.
In 40 seconds
- The total cross-border syndicated loan amounted to USD 100 million, split into two USD 50 million loans.
- Banco Santander Peru and Colombia coordinated the deal, with a syndicate of 13 commercial institutions.
- The Peruvian loan was disbursed in soles and the Colombian one in Colombian pesos, with reciprocal guarantees and collateral in Peru, Colombia and Mexico.
IASummary generated by artificial intelligence from a story by LexLatin. It may contain errors: the original source prevails.





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