Profile

Luis Herrera, an Associate in the San José office, specializes in Business Law and Banking & Finance. In Banking and Finance, he advises on credit and financing services for national and international companies, including financial institutions. Luis counsels on credit card issuance and acquisition contracts, and the implementation of banking instruments such as SWIFT and Factoring. In Business Law, he provides advice to companies on a wide variety of day-to-day issues. He joined BLP as an associate in 2022.

  • Business Law 

  • Banking & Finance

Education 

  • Master of Business Administration, EUDE Business School, Madrid, 2021.  
  • Specialization in Notarial and Registry Law, University of San José, Costa Rica, 2021.  
  • Law degree, University of Costa Rica, 2019. 

Languages 

  • Spanish 
  • English 
  • Costa Rican Bar Association 
  • International Bar Association: Member 
  • Evertec refinances credit facilities. BLP has advised EVERTEC, Inc. in Costa Rica and Guatemala on the refinancing of its existing credit facilities. The new credit lines consist of $200 million of extended revolving credit and a $415 million term loan A, both maturing on December 1, 2027. 
  • Establishment Labs Enters Into $225 Million Credit Facility with Oaktree. BLP advised its client Oaktree Capital Management on all aspects of the transaction, including its closing. Oaktree is a leader among global investment managers specializing in alternative investments.  

 

  • Issuance of $1.5 billion in Eurobonds by the Republic of Costa Rica. BLP acted as local advisor to the banking group comprised of Santander US Capital Markets LLC and J.P. Morgan Securities LLC, who acted as initial purchasers and joint bookrunners, in the issuance of foreign currency for $1.5 billion with a yield of 6.55% averaging a maturity in 2034.  

 

  • IDB Invest and Liberty Costa Rica structure largest Sustainability-Linked Bond (“SLB”) for the Digital Infrastructure sector in Costa Rica. BLP has advised both Liberty Costa Rica in its capacity as issuer and IDB Invest as structuring bank on the issuance of a Sustainability Linked Bond (SLB) as part of the financing to Liberty Costa Rica for a total amount of $450 million to increase access to 4G and 5G digital infrastructure and broadband quality in Costa Rica.  

 

  • Multiple financings in favor of DEG. BLP, solidifying its position as the primary advisor to DFIs in Costa Rica and the region, has provided counsel to DEG in a series of multiple financings. These financings were pivotal for the financial industry in the country.  

 

  • Primary advisor in structured finance in Costa Rica. BLP advised BID Invest on multiple financings of more than $800million, strengthening the finance team’s position. 
  • Real estate project Waldorf Astoria Hotel. BLP is advising Revolution Group, Cacique Investors and Garnier & Garnier on the financing, structuring, and development of the mixed-use real estate project “Waldorf Astoria Hotel” and its branded residences. it is the first Waldorf Astoria hotel and the starting point of the development of the Peninsula known as Punta Cacique. 

 

  • Financing for the construction of Nekajui, a Ritz-Carlton Reserve. BLP has advised as counsel for GENCOM and principal counsel for local banks, $130 million financing package granted to GENCOM, financing that will fund the property’s ongoing construction. BLP acted as Lead Local Counsel for GENCOM and Lead Local Counsel for BCT.  

 

  • Grupo Unicomer on a syndicated loan for US$350 million. BLP advised on a $350 million loan transaction granted to Grupo Unicomer by a pool of syndicated banks, where several subsidiaries of Unicomer in LATAM and the Caribbean have acted as guarantors. Our legal guidance spanned the entire process, from negotiations to signing the credit agreement, and included the preparation and execution of creative local documentation, such as local acknowledgments, security trusts, and promissory notes.