Andean Telecom Partners. International financing

1.      Deal Description

Guerrero Olivos acted as Chilean counsel for ATP Chile in an international additional syndicated senior secured financing totaling approximately USD170 million obtained from a group of lenders led by the Bank of Nova Scotia. A portion of such new facility commitments are available in U.S. dollar borrowings across separate financing facilities with each of the three operating subsidiaries, ATP Colombia, ATP Chile, and ATP Peru. The dollar-denominated facilities are additional incremental add-on facilities to the existing local currency borrowings under the longstanding financing facilities with Scotiabank with each of the three companies.

Andean Telecom Partners is a multinational owner, operator, and manager of telecommunications infrastructure. The company specializes in leasing space on towers to telecom operators and other wireless users across South America.

2.      Counsel list

Counsel to ATP:

NYC: Morrison & Foerster

The team acted as New York counsel for ATP Holdings, ATP Colombia, ATP Chile, and ATP Peru.

Partner: Randy Bullard

Associates: Axel Miranda and Ana Beatriz Llerena

Gabriel Musso acted as in-house counsel for ATP Holdings, ATP Colombia, ATP Chile, and ATP Peru.

Chile: Guerrero Olivos. Counsel to ATP Chile

Partner: Macarena Ravinet

Associates: Tomás Montes, Pilar Illanes and Antonia Namur

Peru: Garrigues. Counsel to ATP Peru

Partner: Thomas Thorndike

Associates: Miluska Gutierrez and Ian Forsyth

Colombia: Garrigues. 

Partner: Andres Ordoñez

Associates: Cristina Copete and Juan Sebastian Parra

3.      Date of closing


4.      Deal Value

USD170 million approximately

5.      Jurisdictions involved

New York, Chile, Peru and Colombia