The proceeds of the offering will be used to refinance Canacol’s outstanding 7.250% Senior Notes due 2025, pay the fees and expenses of the tender offer and refinance other debts, as well as for general corporate purposes such as capital expenditures. Credit Suisse Securities and Citigroup Global Markets acted as underwriters on the offering.
The Bellerive team led by founding partner Jürg Roth advised Canacol on Swiss aspects of the transaction. Skadden, Arps, Slate, Meagher & Flom, Alemán, Cordero, Galindo & Lee and Stikeman Elliott LLP advised Credit Suisse.
