Confipetrol lands $100M syndicated loan led by Santander
What's the deal? ConfipetrolDealroom has a profile for this one. Try Dealroom →, a Bogotá-based industrial services company, has secured a $100 million syndicated credit facility led by Banco Santander Colombia and Banco Santander Perú. A syndicate of 13 Colombian and Peruvian banks joined the financing, which closed on October 13.
What's the endgame? Confipetrol serves clients in the oil and gas, mining, energy, and manufacturing sectors. It helps them optimise the lifecycle of industrial facilities, cut operating costs, and improve asset performance.
Why the structure matters: The deal spans Colombian, Peruvian, and Mexican co-obligors. It relies on a fiduciary setup built around autonomous trusts ( patrimonios autónomos ) in Colombia and Peru. Holland & KnightDealroom has a profile for this one. Try Dealroom → advised Confipetrol on the transaction.
The signal: At $100 million, the facility sits in the upper tier of regional deals by size — a meaningful but not outsized financing for an energy-services firm. It lands amid a run of larger Latin American energy deals, including a $125 million syndicated loan for Argentina's Southern EnergyDealroom has a profile for this one. Try Dealroom → and a $500 million facility for a Dominican power project.
Read more: hklaw.com
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