Law firm Simpson Thatcher represented a syndicate of lenders, including J.P. Morgan, Bank of America Merrill Lynch and Natixis, arranging a $660 million bridge loan to support Cementos Argos’ acquisition of HeidelbergCement.

The loan proceeds will be used to finance the acquisition of the U.S. assets owned by HeidelbergCement, including its Martinsburg, WV cement plant and eight related terminals.

Argos is the leading cement producer in the Colombian market, exporting to more than 35 destinations.