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Ricardo A. Villalba
Advisor
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Ricardo is a business-oriented professional with experience leading cross-border transactions and capital market operations in Latin America and the United States. He is passionate about project finance, energy transition, innovation, financial services, and business development. Distinguished accomplishments include the first dual-track secondary equity offering executed simultaneously in the U.S. and Colombia and the first international bond (144A) issued by a Colombian state-owned company.
Key Matters
Some of the experience represented below may have been handled at a previous firm.
- Acted as Head of the Legal Affairs Office in the issuance by the Republic of Colombia of U.S.$1 Billion of its notes in the United States.
- Advised on a dual-track secondary equity offering (144A) by a Colombian public energy company with subsidiaries in Brazil, Peru, and Guatemala (US$683 Million).
- Managed the execution of the issuance of international bonds for US$400 Million and local bonds for US$250 Million by a public energy company (electric power and gas).
- Advised on a syndicated credit agreement with Citigroup, Merrill Lynch, Sumitomo Mitsui Banking Corporation, and Bank of America (US$ 749 million).
- Advised on the sale process of the share participation in a Multi-Latin leader (electric power and infrastructure) in Colombia, Brazil, Chile, Peru, Bolivia, Ecuador, Argentina, and Central America (US$87 Million).
- Counseled an energy company in the execution of the first asset acquisition in Brazil, corresponding to share participation of 51% of four electric power transmission concessions (US$147 Million; 1,094 KM).
- Advised on a long-term loan agreement by a Guatemalan energy company (US$48 Million) and the corporate guarantee to be issued by his holding company.
- Counseled on the negotiation with the Inter-American Investment Corporation (IDB Invest) of the financing up to US$200 Million to design and construct a transmission line to connect wind farms in Colombia (360 km; 500 kV; total capacity 1050 MW).
- Managed the legal strategy for executing financial transactions, including the following loan agreements: (i) Brazilian subsidiary with Cayman Islands subsidiary for US$ 60 Million; (ii) Colombian subsidiary with holding company (US$180 Million), (iii) holding company with Colombian subsidiary (US$100 Million); and (iv) largest gas transporter in Colombia with holding company (US$370 Million).
- Counseled on agreements to finance renewable power projects in Latin America & the Caribbean (Guatemala, US$13.5 Million; Uruguay, US$20 Million).
- Advised on a credit facility with the Colombian Petroleum Company, JPMorgan, the Bank of Tokyo-Mitsubishi, Citibank, and the U.S Export-Import Bank (US$3.5 Billion).
- Advised on the merger process between a Colombian fixed-line operator (state-owned company) and a mobile unit of Telefonica, Spain's largest telecommunications company (US$2 Billion).
- Advised on the issuance of the first international bond (US$1.360 Million) by a Colombian state-owned company to acquire the largest natural gas transportation company in Colombia.