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Odinsa and Construcciones El Cóndor Complete $458 Million Financing of Colombian Toll Road Project

November 01, 2017

New York – Paul Hastings LLP, a leading global law firm, announced today that the firm represented Odinsa S.A. and Construcciones El Cóndor S.A. as sponsors on the approximately $458 million financing for the development, construction, rehabilitation, operation and maintenance of the Conexión Pacífico 2 toll-road project in the Antioquia region of the Republic of Colombia.

Latin America and Project Finance partner

 led the Paul Hastings team, which also included associates  and .

antioqua

The Conexión Pacífico 2 project will connect Antioquia with the north coast of Colombia.

The financing, which is in both US Dollars and Colombian Pesos, will be used to fund the first wave of the Cuarta Generación (4G) road program in Colombia and consists of the construction, maintenance and operation of new roads, as well as rehabilitation, maintenance and operation of existing stretches.  Once the project is complete, the road will connect the north coast of Colombia with Antioquia.

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.

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