Atlantico Capital Partners LLC (“Atlantico Capital”) closed a US$ 40 million 7-year structured finance loan (the “Facility”) for a concession project in the Andean Region for Eurofinsa Group (“Eurofinsa”), a leading group in the execution of civil projects, turnkey Engineering Procurement and Construction (EPC) projects, and concessions with presence in 10 Latin American countries, mainly in Dominican Republic, Panama, and Peru and the US.
Atlantico Capital acted as exclusive financial advisor for Eurofinsa under the Facility and Bank of America Merrill Lynch (“BAML”) acted as Mandated Lead Arranger. Baker & Mckenzie and Estudio Echecopar acted as New York and local counsel to Eurofinsa with Clifford Chance and Garrigues acting as Lender’s counsels.
The Facility will bear a 7% fixed interest rate, equivalent to approximately 430 bps over Libor Swap, allowing Eurofinsa to capture additional leverage in case it is necessary, if certain conditions are met.
Atlantico Capital is an investment banking boutique headquartered in Miami and focused on middle market M&A and structured debt transactions in Latin America, the Unites States and cross border transactions involving Spain and the Americas. In Latin America, Atlantico Capital’s geographical emphasis is on the Andean Pact countries, Central America and the Caribbean.