Locke Lord is proud to be recognized for its role representing Phoenix Tower International (PTI) in a $2 billion cross-border syndicated loan transaction that was recently named Latin America Loan of the Year at the 2022 IFR Awards.
Led by
Jason Ulezalka (New York), along with
Christine McCay,
Brandon Curtin and
Mason Marek (all of Boston), the transaction involved PTI subsidiaries in 17 countries across North and South America, allowing PTI to consolidate five separate credit facilities into a multi-tranche senior secured term loan.
According to IFR, the transaction was 2022’s largest syndicated loan deal in Latin America. The International Financing Review (IFR), published by Refinitiv, is a leading source of fixed income, capital markets and investment banking new and analysis. The awards were presented on March 27, 2023 in London.