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Guatemala

Hilton Princess chain restructures loan

Wednesday, 14 December

García & Bodán’s Guatemala City, Managua, San Salvador and Tegucigalpa offices have helped Hilton Princess Hotels restructure a bridge loan granted by Scotiabank’s Salvadorean branch.

Promerica funds Citibank Guatemala purchase with multi-jurisdictional financing

Wednesday, 16 November

Mayer Brown LLP’s Washington, DC and Chicago offices; Panama’s Arias, Fábrega & Fábrega; Dominican firm Medina Garrigó Abogados; the Salvadorean, Guatemalan, Honduran and Nicaraguan offices of Arias & Muñoz; and Ecuador’s Pérez Bustamante & Ponce Abogados have advised the lenders financing Promerica Financial Corporation (PFC)’s acquisition of Citibank’s credit card and consumer banking business in Guatemala.

Arias & Muñoz hires from García & Bodán in Guatemala

Thursday, 3 November

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Arias & Muñoz (Guatemala) has hired a senior associate from García & Bodán’s Guatemalan branch as labour counsel to provide clients with collective bargaining advice for the first time.

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