Category Archives: Banking & Finance
Banking & Finance, Blog, El Salvador, Energy & Infrastructure, Transactions
BLP Advises IDB Invest on a Pioneering Blue Bond Issuance in El Salvador
Jun
BLP advised IDB Invest on the structuring and acquisition of blue bonds issued by Banco Agrícola, S.A., as part of a bond issuance program of up to US$200,000,000. In this transaction, IDB Invest participated as anchor investor, acquiring US$10,000,000 corresponding to the first tranche of the issuance and providing technical advisory services. The transaction is…
At BLP, Banking & Finance, Blog, El Salvador
Newsflash: Repeal of Article 10 of the Banking Law: New Investment Opportunities
Mar
El Salvador: Reform to the Banking Law Expands Foreign Investment Opportunities The Legislative Assembly approved an amendment to the Banking Law (the “Reform”), fully repealing Article 10 of such law. Former Article 10 established requirements and conditions that Salvadoran banks were required to meet regarding their shareholding structure, based on nationality criteria and the regulatory…
Analysis, At BLP, Banking & Finance, Blog, Business Law, Costa Rica, Energy & Infrastructure
Costa Rica and the New Global Migration of Wealth
Jan
Global Wealth Migration and Costa Rica’s Strategic Opportunity The world is undergoing a profound transformation: never before have so many high-net-worth individuals (HNWIs) chosen to live outside their countries of origin. It is no longer just corporate executives relocated by their employers, but entrepreneurs, investors, mobile professionals, and multinational families who decide where to live…
Banking & Finance, Blog, El Salvador, News
BLP Advises Bancolombia and Banco Agrícola on Solar Power Plant Financing
Jan
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…
Banking & Finance, Blog, Costa Rica, News
BLP advises ResponsAbility AG on US$10 million financing to CoopeAnde
Jan
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…