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News Sep 10, 2014

Shearman & Sterling Advises Lenders on $600 Million Bridge Financing for Gasoducto Sur Peruano Pipeline Project

Shearman & Sterling acted as designated lenders’ counsel in connection with the $600 million bridge financing for Gasoducto Sur Peruano S.A.’s southern gas pipeline project in Peru. The bridge financing is expected to be taken out by a $3.8 billion project financing. This financing is expected to be one of the largest non-recourse financings in the region.

The Shearman & Sterling team included partner Cynthia Urda Kassis (New York-Project Development & Finance) and associates Jeffrey Kalikow (San Francisco-Project Development & Finance) and Adaeze Udoji (New York-Corporate).