Arias, Fábrega & Fábrega acted as counsel to Merrill Lynch, Pierce, Fenner and Smith, and JPMorgan Chase Bank, as lead arrangers, in connection with a US$540 million credit facility for Grupo Sura Finance, an affiliate of Grupo de Inversiones Suramericana S.A. (Grupo Sura). The credit facility was entered into in connection with the acquisition by Grupo Sura of shares of SURA Asset Management from General Atlantic Coöperatief U.A.

About Grupo SURA
Grupo de Inversiones Suramericana S.A., Grupo Sura, is the principal shareholder of a group of leading companies that operate primarily in Colombia. The group’s companies include: Bancolombia S.A., the largest bank in Colombia; Suramericana S.A., the holding company for the largest life and property and casualty insurance companies in Colombia; Grupo Nutresa S.A., the largest processed food conglomerate in Colombia; Grupo Argos S.A., the majority owner of Cementos Argos, S.A., Colombia’s largest cement producer; and SURA Asset Management, a Latin American company with operations in the areas of pensions, savings and investment in Mexico, Peru, Chile, Uruguay and Colombia.