BLP advised BofA Securities, Inc. and J.P. Morgan Securities LLC as initial purchasers in the issuance of US$500 million aggregate principal amount of 6.750% senior notes due 2032 by Mobiliare Latam, S.A. (“Mobiliare Holding”) and Mobiliare Latam México, S.A. de C.V., as co-issuers. The offering was conducted pursuant to Rule 144A and Regulation S, and the notes are guaranteed by several of Mobiliare’s operating subsidiaries across the region, including in Costa Rica, Guatemala, and El Salvador.
Mobiliare is a leading Latin American real estate operating platform dedicated to owning, developing, and managing institutional-grade industrial and logistics properties. The company operates in nine countries—Guatemala, Peru, Mexico, Costa Rica, El Salvador, Colombia, Ecuador, Honduras, and Nicaragua—and provides integrated real estate solutions for multinational and regional tenants in manufacturing, distribution, supply chain, and service-delivery operations.
This transaction represents a significant milestone for Mobiliare’s regional growth strategy and further positions it as one of Latin America’s most dynamic industrial real estate platforms.
BLP acted as local counsel to the initial purchasers, advising on all regulatory aspects and conducting a comprehensive review of the offering documents involving the majority of the operating entities across the region.
BLP Team
- Jorge Arenales – Partner, Guatemala – E-mail
- Julio Castellanos – Partner, Costa Rica – E-mail
- Mariana Nochez – Partner, El Salvador – E-mail
- Pablo Umaña – Partner, Costa Rica – E-mail
- Zygmunt Brett – Partner, El Salvador – E-mail
- Delmer Rodríguez – Director, El Salvador – E-mail
- Alejandro Fallas – Senior Associate, Costa Rica – E-mail
- Ana Ávila – Senior Associate, Guatemala – E-mail
- Javier Figueroa – Associate, Guatemala – E-mail
- Andrea Melara – Associate, El Salvador – E-mail
- Paola Fernández – Senior Paralegal, Costa Rica – E-mail