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Mayer Brown represents Grupo Odinsa in acquisition of equity interest in concessionaire of Quito airport

29 December 2015

Mayer Brown advised Colombian infrastructure company Grupo Odinsa S.A. on a multifaceted transaction that resulted in the acquisition of an equity interest in Corporacion Quiport S.A., the concessionaire and operator of the Mariscal Sucre Airport in Quito, Ecuador. The transaction involved the simultaneous negotiation of a share purchase agreement with several selling entities, an approximately US $194 million secured credit facility from Banco Itaú, an unsecured credit facility from Banco Santander, and a master consent and waiver agreement with several senior lenders to Quiport including the Inter-American Development Bank and the Overseas Private Investment Corporation.

The team was led by Banking & Finance partner George Baptista (New York), Corporate & Securities partner Christian Fabian (Chicago) and Banking & Finance associate Juan Moreno (Chicago).

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