Dentons Cardenas & Cardenas’ full-spectrum banking and finance practice strikes a balance between borrower and lender-side mandates. In terms of the latter segment, it is noted for its prominent record in representing multilaterals, including International Finance Corporation, CAF (Development Bank of Latin America) and IDB (Inter-American Development Bank). Office managing partner Bernardo Cárdenas is a key contact for both the M&A, and banking and finance departments, where he enjoys close links with international banks and corporations as well as multilaterals; he recently advised CAF on providing $230m worth of credit facilities to Banco W and Banco de Bogotá to finance loans for agribusiness clients, green energy companies, and small and medium-sized enterprises. Corporate and M&A specialist Eduardo Cárdenas also has a significant banking and finance dimension to his practice and acted as local counsel to Accial Capital Management and Skandia FCP Impacto on granting a $90m synthetic warehouse credit facility to a special purpose vehicle wholly owned by Clara. The group further benefits from the project finance expertise of projects specialist Pablo Jaramillo. In August 2023, former department co-head Catalina Pinilla left to become legal director at Governance Consultants. However, up-and-coming partner Felipe Alarcón joined from Brigard Urrutia one month later; he led on a strong run of borrower-side deals over the past year, which included advising Tower One Wireless Colombia on a $17.5m structured financing provided by asset management company, Moneda. Associate Alejandro Parra provides support. Since research concluded, the practice has been boosted at senior level with the September 2024 return of Daniela Mejia Mariño, as a partner, after a stint at Philippi Prietocarrizosa Ferrero DU & Uría; her practice takes in regulatory and transactional banking, finance and capital markets work.

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Key clients

  • LNG Holdings
  • FCP Sura – Deuda Privada – Compartimento Deuda Privada Corporativa
  • ING Bank, Amsterdam, Lancy/Geneva Branch
  • Accial Capital Management
  • Skandia FCP Impacto
  • Frontera ODL Holding Corp
  • Frontera Bahía Holding
  • Sociedad Portuaria Puerto Bahía
  • Pipeline Investment
  • Bancolombia
  • Banca de Inversión Bancolombia, Corporación Financiera
  • Banco de Desarrollo de América Latina – CAF
  • IDB Invest
  • Azteca Comunicaciones Colombia
  • International Finance Corporation
  • Tower One Wireless Colombia
  • Bank of America

Work highlights

  • Acted as local counsel to Accial Capital Management and Skandia FCP Impacto, as lenders, on a $90m synthetic warehouse credit facility granted to a special purpose vehicle wholly owned by Clara.
  • Acted as local counsel to the borrowers (Frontera ODL Holding Corp, Frontera Bahía Holding, Sociedad Portuaria Puerto Bahía and Pipeline Investment) on a $120m loan agreement with Macquarie Bank, which also provides for an accordion mechanism of up to $30m.
  • Acted as local counsel to LNG Holdings, as borrower, regarding a secured credit facility granted by Macquarie Bank to fund the indirect acquisition of Lewis Energy Group’s oil-and-gas assets located in Colombia

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Bernardo Cárdenas, Eduardo Cárdenas, Felipe Alarcón