Juan Méndez~~Jomar Vargas~~Laura Ribero~~Michael Mann~~Jeanne Annarumma~~Michael Isby
January 24, 2026
Simpson Thacher Represents Grupo Sura in $500 million Senior Secured Term Loan Facility

1 min
AI-made summary
- Grupo de Inversiones Suramericana S.A
- (Grupo Sura) secured a $500 million senior secured term loan facility from a group of banks including Banco Bilbao Vizcaya Argentaria, Banco General, Banco Latinoamericano de Comercial Exterior, Citibank, and Itaú Chile
- The loan proceeds will be used to finance a tender offer to acquire shares of Grupo Nutresa and other transactions under a framework agreement involving several companies
- Simpson Thacher advised Grupo Sura on the transaction.
The Firm recently represented Grupo de Inversiones Suramericana S.A. (“Grupo Sura”) in connection with a $500 million senior secured term loan facility made available by Banco Bilbao Vizcaya Argentaria, S.A. New York Branch, Banco General, S.A., Banco Latinoamericano de Comercial Exterior, S.A., Citibank, N.A. and Itaú Chile New York Branch.~~The proceeds of the loans will be used to finance the tender offer to acquire shares of Grupo Nutresa and other transactions contemplated in the framework agreement among Grupo Nutresa S.A., Nugil S.A.S., IHC Capital Holding LLC, JGDB S.A.A. Grupo Sura and Grupo Argos S.A.~~Sura is a Latin American regional financial and related services company, with core investments in the leading bank in Colombia, the leader in the regional pension management industry, and the third largest insurance company of Latin American origin.~~The Simpson Thacher team included Juan F. Mendez, Jomar Vargas, Laura Ribero and José M. Colin (Credit); Michael Mann (Tax); Jeanne M. Annarumma (Executive Compensation & Employee Benefits); and Michael Isby (Environmental).
Article Author
Juan Méndez~~Jomar Vargas~~Laura Ribero~~Michael Mann~~Jeanne Annarumma~~Michael Isby
The Sponsor
