11 May 2023
Dentons advises the Republic of Ecuador on landmark debt-for-nature swap to enhance conservation of the Galápagos Islands and their marine ecosystems
Advising firms
Deal team
11 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Jesús Mardomingo Lead | Dentons | Partner | Banking and Finance | Madrid |
| Yun Ma Lead | Dentons | Partner | Sovereign Advisory | Paris |
| Rubén Eduardo Luján Lead | Dentons | Partner | Banking and Finance | Toronto |
| Walter Van Dorn Lead | Dentons | Partner | Capital Markets | New York |
| Luis F. Torres Lead | Dentons | Partner | Banking and Finance | Washington DC |
| Stephen Shergold Lead | Dentons | Partner | Environment and Natural Resources | London |
| Lola Noguera | Dentons | Associate | Banking and Finance | Madrid |
| Carolina Barzola | Dentons | Of counsel | Sovereign Advisory | Prague |
| Rachel Juliet Welch-Phillips | Dentons | Partner | ESG and Sustainable Finance | Trinidad and Tobago |
| Annabel Hodge | Dentons | Senior associate | Environment | London |
| Amy Morin | Dentons | Associate | Environment | London |
Stated terms
- Stated value
- USD 656m (approximately US$ 656 million)
- What the figure measures
- Facility amount
- Client
- Ministry of Economy and Finance of the Republic of EcuadorBorrower
- Counterparties
- GPS Blue Financing Designated Activity Company (Lenders)
The Bank of New York Mellon (Lenders)
Inter-American Development Bank (Other)
U.S. International Development Finance Corporation (Other)