Locke Lord Recognized for Role in 2022 Latin American Deal of the Year

Locke Lord is proud to have represented Phoenix Tower International (PTI) in a $2 billion cross-border syndicated loan transaction recently named 2022 Latin American Deal of the Year by Proximo, an energy and infrastructure trade publication.

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.

The proceeds of the loan were used to fund, among other things, PTI’s acquisition of up to 3,800 telecommunications sites in Chile from WOM S.A., making PTI the largest communications tower owner in Chile.