A Nelson Mullins team represented Canacol Energy Ltd. (Canacol) in a $75 million senior secured loan facility (Facility) with Macquarie Group Ltd. (Macquarie). George Pavlenishvili, our New York-based partner, led the team that included Franco Furmanski, Guido Meirovich, and Beatriz Rosa. This transaction comes after the firm’s team closed a $200 million senior unsecured revolving credit facility on behalf of Canacol in 2023 and, in 2021, a private offering of $500 million senior notes.   

Canacol is a publicly traded company headquartered in Canada with operations in Colombia. Canacol is the largest private natural gas producer in Colombia. The transaction required the Nelson Mullins team to navigate complex legal issues and coordinate with legal and commercial teams across various jurisdictions, including the U.S., Colombia, Canada, Panama, and Switzerland.