Author Archives: BLP

BLP Advises Bancolombia and Banco Agrícola on Solar Power Plant Financing

BLP advised Bancolombia, in its role as structuring bank, and Banco Agrícola, as both structuring bank and lender, on a project finance transaction of approximately US$46 million granted to Renovatio Solar, S.A. de C.V., an AES subsidiary, for the development and construction of a solar power plant with a capacity of up to 55 nominal…

New Minimum Wage in Guatemala: Employer Obligations as of January 2026

The Government of Guatemala, through Governmental Agreement No. 256-2025, approved an increase to the minimum wage, which entered into force on January 1, 2026, and is mandatory for all employers as of that date. The adjustment applies to all economic activities, with differentiated increases by sector: 5.5%: Agricultural 7.5%: Non-agricultural 4%: Export and maquila As…

BLP advises ResponsAbility AG on US$10 million financing to CoopeAnde

BLP advised ResponsAbility AG on a US$10 million credit facility granted to CoopeAnde for the expansion of its SME loan portfolio. BLP advised ResponsAbility AG, a global impact asset manager, in connection with a direct loan in the amount of US$10 million granted to CoopeAnde, aimed at supporting the growth of its small and medium-sized…

BLP Promotes New Partners and Special Counsel in its Business and Labor & Employment Practices

In line with its commitment to talent development, the continuous strengthening of its practice areas, and the promotion of female leadership within the firm, BLP announces the promotion of new Partners and Special Counsel in its Business Law and Labor & Employment practices, further consolidating its regional leadership and its ability to support clients in…

Labor Holiday Calendar 2026: A Key Regional Planning Resource

Effective management of labor holidays is essential to ensure operational continuity and regulatory compliance, particularly for organizations operating across multiple Central American jurisdictions. With this in mind, the Labor & Employment team at BLP presents the 2026 Labor Holiday Calendar, a comprehensive resource that consolidates the official holidays of Costa Rica, Guatemala, El Salvador, Honduras,…

Business Law Perspectives – December 12 to 18, 2025

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica leads Latin America in reputation, reinforcing its appeal for tourism and investment Costa Rica was recognized as the country with the best reputation…

BLP Supports a Strategic €1,000 Billion GDN Issuance in Costa Rica

BLP advised Banco Santander S.A. and The Bank of New York Mellon on the issuance of Global Depository Notes (GDNs) in the international capital markets. The issuance was carried out under Rule 144A and Regulation S. The GDN issuance was secured with domestic debt bonds issued by the Government of Costa Rica on November 21,…

Newsflash: New regulation for technological risk management

Through Resolution JM-98-2025, the Monetary Board approved a new Regulation for the Management of Technological Risk (the “Regulation”), designed to strengthen security standards and information protection within the Guatemalan financial system. This regulation repeals Resolution JM-104-2021 and seeks to address global technological developments, the rise in cyber threats, and the increasing use of artificial intelligence…

Business Law Perspectives – December 5 to 11, 2025

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica FTA with Israel opens new doors to diversify exports and attract investment The Free Trade Agreement between Costa Rica and Israel represents a strategic opportunity…