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…
Category Archives: Banking & Finance
Banking & Finance, Blog, Costa Rica, News
BLP advises ResponsAbility AG on US$10 million financing to CoopeAnde
06
Jan
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…
Banking & Finance, Blog, Costa Rica, News
BLP Supports a Strategic €1,000 Billion GDN Issuance in Costa Rica
15
Dec
Dec
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,…
15
Dec
Dec
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…
Banking & Finance, Blog, Costa Rica, News
BLP advises IDB Invest on a US$20 million regional electric mobility financing for the Kaufmann Group
03
Dec
Dec
BLP advised IDB Invest as lead counsel in connection with a US$20 million senior secured, uncommitted revolving import finance facility granted to subsidiaries of the Kaufmann Group in Costa Rica and Peru to support the introduction and scaling of electric vehicles, plug-in hybrid vehicles, charging infrastructure, and related equipment in both jurisdictions. The facility, structured…
Banking & Finance, Blog, Costa Rica, El Salvador, Guatemala, News
BLP advises BofA Securities and J.P. Morgan on Mobiliare’s US$500 million inaugural bond issuance
18
Nov
Nov
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…
Banking & Finance, Blog, Costa Rica, News
BLP advises PROPARCO on sustainable financing to Banco Promerica
30
Oct
Oct
BLP advised PROPARCO on the structuring of a USD 50 million senior international loan granted to Banco Promerica, aimed at supporting sustainable and socially impactful projects in Costa Rica. The loan, divided into two tranches — Tranche A (USD 20 million) and Tranche B (USD 30 million) — has maturities of up to ten years….
Banking & Finance, Blog, El Salvador, Ethics & Anti-Corruption, News
New special law on money laundering and terrorism financing in El Salvador
15
Oct
Oct
On October 9, Legislative Decree No. 426 was published in the Official Gazette, enacting the Special Law for the Prevention, Control, and Sanction of Money Laundering, Terrorism Financing, and the Financing of the Proliferation of Weapons of Mass Destruction (the “Law”). Its main purpose is to transform El Salvador’s anti-money laundering regime from a punitive…
Banking & Finance, Blog, Costa Rica, News
BLP advised IFC on USD 200 million financing to BAC Costa Rica for women-led MSMEs and sustainable projects
01
Oct
Oct
BLP advised the International Finance Corporation (IFC), a member of the World Bank Group, on a USD 200 million loan to BAC Costa Rica, the country’s largest private bank, aimed at strengthening its credit programs for micro, small and medium-sized enterprises (MSMEs)—particularly those led by women—and expanding investments in sustainable projects. The financing package provides…