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Opaín Completes Private Placement Refinancing for El Dorado International Airport in Colombia

August 27, 2019

New York - Paul Hastings LLP, a leading global law firm, announced today that it represented Colombia's Sociedad Concesionaria Operadora Aeroportuaria Internacional (OPAIN), which operates El Dorado International Airport in Bogotá, Colombia, in connection with a $415 million private placement of 4(a)(2) notes due December 2026. The proceeds from the placement were used to refinance OPAIN’s existing US Dollar debt.

OPAIN is responsible for the expansion, upgrade, maintenance and operations of Bogotá’s El Dorado International Airport, which annually services more than 32 million passengers and handles over 700,000 tons of cargo.

Latin America and Global Infrastructure and Energy partner Bob Kartheiser led the Paul Hastings team, which also included associates Thomas Sines and Juan Martín Estrada, each of whom played a major role.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.