Cases & Deals

Canacol Energy obtains $140 million senior secured facility

Clients Canacol Energy Ltd.

Jones Day advised Canacol Energy Ltd., a vertically integrated, publicly listed, international energy company engaged in the acquisition, development, exploration, and production of crude oil and natural gas, in connection with the $140 million senior secured term loan credit facility for itself and its wholly owned subsidiary Canacol Energy Colombia S.A. provided by a multinational consortium of banks led by Credit Suisse AG, Cayman Islands Branch. The credit facility will be used primarily to finance the acquisition, exploration, production, and distribution of oil and gas assets in Colombia, Panama, and Ecuador.