Nelson Mullins Riley & Scarborough LLP represented ArtCap Strategies in connection with a landmark USD 120 million international syndicated loan facility for Grupo Telconet, a leading telecommunications and digital infrastructure company in Latin America.

The transaction marks a significant step in the continued development of Telconet’s Carnival Submarine Networks project—a next-generation subsea cable system designed to enhance digital connectivity across Ecuador, Panama, Colombia, and the United States.

Nelson Mullins acted on behalf of ArtCap Strategies—a direct lending platform that invests primarily in private credit transactions throughout Latin America and the Caribbean. 

The firm’s team—led by George Pavlenishvili, Franco Furmanski, and Guido Meirovich—guided the transaction through a highly sophisticated cross-border structure involving multiple jurisdictions and a collateral package comprising a diverse set of asset classes. The team was supported by attorneys Laura Maher, Gabriela Coteron, and Eduardo Avila, among others. 

The deal highlights the strength of Nelson Mullins’ Latin America and Cross-Border Finance practice, whose members have extensive experience advising on large-scale infrastructure projects in the region. The team combines global financing expertise with a deep understanding of local markets and their dynamics.