Seven Seas Water’s $205 Million Financing

Morgan & Morgan and Miranda & Amado represented Seven Seas Water in the transaction.
White & Case advised Seven Seas Water Corporation.
Allen & Overy and Arias, Fabrega & Fabrega – ARIFA advised Deutsche Bank AG and Investec Bank, PLC.

Seven Seas Water (“Seven Seas”) and a group of its subsidiaries, completed a US$205,000,000.00 financing with Deutsche Bank AG and Investec Bank, PLC, as lenders, which would be used to refinance a credit facility obtained by Seven Seas in June 2020, for US$163,000,000.00.

Seven Seas is a portfolio of desalination and water supply projects in Latin America and the Caribbean, managed by Morgan Stanley Infrastructure Partners. Seven Seas is, among other things, owner of Aguas de Panamá, S.A., a company that holds a 30-year concession for the design, construction, operation, and maintenance of a potable water plant located at Laguna Alta in Arraiján, Panama.

The Morgan & Morgan team included Partner Ramón Varela (Picture), Senior Associate Ana Carolina Castillo and International Associate Miguel Arias M.

Miranda & Amado advised Seven Seas Water Corporation with Roberto MacLean, Álvaro del Valle and Alessia Roca.

White & Case advised Seven Seas Water Corporation in US.

Allen & Overy advised Deutsche Bank AG and Investec Bank, PLC with David Christensen, Simon Hayes, Isabelle Whitehead, David Kim, Joan Carbonnell, Jimena Urretavizcaya,  Paloma Asegurado, Jocelyn Land and Andrew Wells.

Arias, Fabrega & Fabrega – ARIFA advised Deutsche Bank AG and Investec Bank, PLC in Panama.

Involved fees earner: Paloma Asegurado – Allen & Overy; Joan Carbonnell – Allen & Overy; David Christensen – Allen & Overy; Simon Hayes – Allen & Overy; David Kim – Allen & Overy; Jocelyn Land – Allen & Overy; Jimena Urretavizcaya – Allen & Overy; Andrew Wells – Allen & Overy; Isabelle Whitehead – Allen & Overy; Álvaro del Valle Roeder – Miranda & Amado Abogados; Roberto MacLean – Miranda & Amado Abogados; Alessia Roca – Miranda & Amado Abogados; Miguel Arias – Morgan & Morgan; Ana Carolina Castillo – Morgan & Morgan; Ramon Varela – Morgan & Morgan;

Law Firms: Allen & Overy; Miranda & Amado Abogados; Morgan & Morgan;

Clients: Deutsche Bank AG; Investec Bank Plc; Seven Seas Water Corporation;