Baker McKenzie and Ontier advise on the granting of a $30m loan to Cox ABG Group by CAF to finance its expansion
Baker McKenzie has advised CAF (Corporación Andina de Fomento), the multilateral development bank specialising in Latin America and the Caribbean, on the granting of a $30 million corporate loan to Cox ABG Group, a water and energy company, advised by Ontier in this transaction.
This five-year financing reflects CAF’s confidence in Cox’s strategic plan and business model and will enable the implementation of water, energy and transmission line projects in key markets in the region.
The financing will be directed primarily towards projects promoted by Cox ABG Group that strengthen access to water and energy, as well as security of supply in the region.
Advisors
On behalf of Baker McKenzie, the transaction was led by Rossanna D’Onza, partner in the Banking & Finance area, with the participation of Marina Martínez and Carolina González from the Banking & Finance team.
On behalf of Ontier, the advice was led by Israel Gómez-Caro, partner in the Banking & Finance area, with the participation of Esteban Cuyás and Maria Colino from the Banking & Finance and Energy teams.
