Deal details
IG/Fluxys GNL Quintero LNG Terminal - Acquisition Financing
Description
Condor Energy – sponsored by EIG and Fluxys – has closed the acquisition debt financing backing the purchase of an 80% stake in GNL Quintero, the largest LNG terminal in Chile, from Enagas and OMERS.Closed on 20 July, the $700 million seven-year facility is being provided by joint lead arrangers and bookrunners BNP Paribas (also structuring bank), Banco Santander, MUFG and Scotiabank, along with MLAs Credit Agricole and ING Bank, and arrangers Natixis, Intesa and SMBC.
Assets involved
Companies involved
- Sumitomo Mitsui Banking Corporation (SMBC), Intesa Sanpaolo, Natixis
- Intesa Sanpaolo, Natixis, Sumitomo Mitsui Banking Corporation (SMBC)
- MUFG, Credit Agricole CIB, Scotia Bank (The Bank of Nova Scotia), BNP Paribas, Santander, ING Bank
- Baker McKenzie, Milbank LLP, Carey & Cia
- White & Case, Guerrero Olivos
- Fluxys, EIG Partners
- Linklaters, Barros y Errázuriz Abogados
- Claro y Cia, Latham & Watkins
- BNP Paribas, Santander, Scotia Bank (The Bank of Nova Scotia), MUFG
- BNP Paribas
- BNP Paribas
- Deloitte
- Merlin Advisors LLC
- Credit Agricole CIB
- Credit Suisse
- PricewaterhouseCoopers ( PwC )
- MUFG, BNP Paribas
- Santander, BNP Paribas, Scotia Bank (The Bank of Nova Scotia), MUFG
- BNP Paribas
Key information
Condor Energy Holdings II SpA
700$m
20-07-2022
Oil & gas / LNG
Chile
Project & Infrastructure Finance
Not PPP
Tranche information
Term Loan
700$
Term Loan
700$m
US Dollar - USD
0
7.0 years
-
-
225.0
Participant | role | ticket size |
---|---|---|
BNP Paribas | MLA | 110$m |
Santander | MLA | 90$m |
MUFG | MLA | 90$m |
Scotia Bank (The Bank of Nova Scotia) | MLA | 90$m |
Credit Agricole CIB | MLA | 70$m |
ING Bank | MLA | 70$m |
Natixis | Lender | 70$m |
Intesa Sanpaolo | Lender | 55$m |
Sumitomo Mitsui Banking Corporation (SMBC) | Lender | 55$m |