Simpson Thacher Represents Gramercy in $100 Million Credit Facility for Omni
03.23.22
This is only gets display when printing
Simpson Thacher represented Gramercy Funds Management LLC (“Gramercy”) in connection with a recently closed $100-million-dollar debt facility to OmniLatam (“Omni”) to expand its operations in Colombia. The facility will finance Omni’s portfolio growth and complement its existing banking facilities.
Omni provides data-driven working capital financing solutions for large buyers, middle market companies and small and medium enterprises. Omni leverages transactional data and utilizes machine learning to underwrite loans and connect to large corporate networks, creating an ecosystem of buyers, suppliers and funders to provide an array of products and services to clients and potential investors.
Gramercy is an emerging markets investment manager based in Greenwich, Connecticut, that seeks to provide investors with attractive risk-adjusted returns through a comprehensive approach to emerging markets supported by a transparent and robust institutional platform.
The Simpson Thacher team included Juan M. Naveira, Michael Vernace, Andrea Valdes and Paige Brinton (Banking & Credit); and Michael Mann and Matthew Lester (Tax).