BLP advised the shareholders of Inversiones Turísticas Arenal S.A., owner of the renowned Tabacón Thermal Resort & Spa located in La Fortuna, Alajuela, on the sale of 100% of the company’s shares to Pursuit Attractions and Hospitality, Inc. This transaction marks the entry of a new institutional player into Costa Rica’s tourism sector, reinforcing confidence…
Category Archives: Environmental, Social and Governance (ESG)
On May 14, at the Met Club in New York City, more than 100 attendees gathered to celebrate the most innovative legal deals, outstanding teams and firms, and influential individuals of the past year at the IFLR Americas Awards 2025. BLP’s exceptional performance earned four prominent awards: Deal of the Year: Debt and Equity Linked…
Banco Promerica has issued a second series of sustainable bonds in book-entry form, totaling US$15 million. This issuance is part of Banco Promerica’s US$500 million program, which allows the bank to issue green, social, or sustainable bonds up to that amount. This bond issuance will enable Banco Promerica to continue financing projects, companies, and initiatives…
BLP has advised BID Invest, Proparco, and LAGreen (through Finance in Motion) on the issuance of the first sustainable and dematerialized bond by Banco de América Central, S.A. (BAC Guatemala) to promote financial inclusion and environmental sustainability in Guatemala. The bond, valued at up to US$140 million with a term of up to five years,…
To preserve marine biodiversity and meet global conservation goals, the Costa Rica Forever Association has established the Blue Fund, an innovative financial trust, that marks a turning point in the protection of Costa Rica’s marine ecosystems. This project is supported by BLP’s legal advisory, which played a key role in the development and structuring of…
BLP is proud to have acted as local legal advisor for Santander US Capital Markets LLC and Citigroup Global Markets Inc. in the Republic of Honduras’ first sovereign green sustainable bond issuance. This historic transaction, carried out in the international capital markets, marks a significant step for the country in advancing projects focused on sustainability…
We are excited to announce that BLP has once again been recognized in Latin Lawyer’s prestigious Leading Lights 2024 list, underscoring our steadfast commitment to fostering a robust pro bono culture across Central America. Latin Lawyer acknowledges law firms that have made significant strides in advancing pro bono initiatives, and BLP is proud to be…
Authors https://blplegal.com/wp-content/uploads/2024/11/Articulo-Hidrogeno-Verde_FOTO.png Luis Palacios Director Costa Rica E-mail https://blplegal.com/wp-content/uploads/2024/11/Articulo-Hidrogeno-Verde2_Simon-Sauve.png Simon Sauvé Director Costa Rica E-mail Amid the global energy transition, green hydrogen emerges as a key alternative for achieving decarbonization. With abundant renewable energy, ample water availability, and a legal framework that encourages foreign investment, Costa Rica has significant potential to attract investment and become…
DFC, the U.S. government’s international development bank, provides $1 billion in political risk insurance (PRI), while CAF is issuing two letters of credit (SBLC) for up to $200 million. The combination of DFC’s PRI and CAF’s SBLCs strengthens the credit risk supporting the transaction, catalyzing additional investment in conservation and ecosystem restoration efforts in the…
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail Since I began my career in administrative law, I have always felt a particular passion for the issue of water and the environment. Water, more than a simple resource, represents the essence of life and the sustenance of numerous ecosystems, many of which have been under constant threat…

