Cases & Deals

Canacol Energy obtains $265 million senior secured credit 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 $265 million senior secured credit facility provided by a multinational consortium of banks led by Credit Suisse, as lead arranger and administrative agent. Export Development Bank Canada, Davivienda, Citibank and Managers Metrobank, Banco Internacional de Costa Rica (BICSA), Banco Latinoamericano de Comercio Exterior (Bladex), BHD International Bank, and Bancaribe acted as mandated lead arrangers. The credit agreement will replace the Corporation's existing senior secured credit facility with BNP Paribas and senior notes held by Apollo Investment Corporation.