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Feb. 27, 2023

Nelson Mullins Represents Canacol Energy Ltd. in Closing of $200 Million Senior Unsecured Revolving Credit Facility

Nelson Mullins Riley & Scarborough LLP represented Canacol Energy Ltd., a Canada-based public company and the largest independent natural gas producer in Colombia, in connection with a $200 million senior unsecured revolving credit facility (the “RCF”). The proceeds of the RCF were used to repay and terminate the company’s existing credit facilities, with the remaining proceeds being used for general corporate purposes.

Citigroup Global Markets Inc., Deutsche Bank, AG, and JPMorgan Chase Bank, N.A. acted as the joint lead arrangers and joint bookrunners under the RCF and were represented by Skadden, Arps, Slate, Meagher & Flom LLP.

George Pavlenishvili, a partner based in Nelson Mullins’ New York office, led the team that included Franco Furmanski and Guido Meirovich. The firm’s team had to navigate complex domestic and international legal issues with the assistance of local counsel in Canada, Colombia, Panama, and Switzerland.

Established in 1897, Nelson Mullins is an Am Law 100 firm of around 1,000 attorneys and government relations professionals with offices in 15 states and Washington, D.C. For more information on the firm, please visit www.nelsonmullins.com.