Consortium Legal (Guatemala) - News

Banco de América Central gets first international syndicated credit line

04 August 2017

Consortium Legal (Guatemala) has helped the Guatemalan branch of Banco de América Central (BAC) obtain a US$50 million syndicated credit line to finance its foreign trade loan portfolio.

Estuardo Mata Palmieri: 14 April 1975 – 10 June 2017

Estuardo Mata Palmieri: 14 April 1975 – 10 June 2017

13 July 2017

Estuardo Mata Palmieri, a founding partner at Guatemala’s QIL+4 Abogados and the head of its disputes team, has died at the age of 42.

Guatemala makes US$500 million sovereign debt offering

Guatemala makes US$500 million sovereign debt offering

08 June 2017

Milbank, Tweed, Hadley & McCloy LLP in New York and Guatemalan firm Cuestas PPQ have helped the Republic of Guatemala make a US$500 million debt offering.  

Grupo Monge closes cross-border syndicated financing

22 May 2017

Simpson Thacher & Bartlett LLP in New York, Vector Legal in Costa Rica, Guatemalan firm Bufete López Cordero, García & Bodán (Honduras), Lexincorp in San Salvador and Peruvian firm García Sayán Abogados have helped retailer Grupo Monge obtain a syndicated multijurisdictional loan worth US$120 million.

Argentina fails to annul Saur award

03 January 2017

An ICSID annulment committee has rejected Argentina’s request to annul a US$59 million award in favour of French water management company Saur International.

Peruvian beverage maker in sprawling multi-jurisdictional financing

27 October 2016

Clifford Chance LLP in New York, six offices from Central American firm Arias & Muñoz, Mexico's Creel, García-Cuéllar, Aiza y Enriquez SC and Dias Carneiro Advogados in São Paulo have helped Peruvian drinks maker Aje obtain a syndicated loan worth US$88 million, in a cross-border deal involving 13 Latin American jurisdictions.

Terra obtains bridge loan for Citigroup El Salvador acquisition

20 July 2016

Hogan Lovells LLP in New York, Melara & Asociados in Tegucigalpa and Arias & Muñoz (El Salvador) have helped Honduran industrial conglomerate Grupo Terra obtain a bridge loan worth US$50 million to fund its recent acquisition of Citigroup’s consumer and commercial banking businesses in El Salvador.

Banco Industrial issues DPR-backed notes

10 June 2016

Hogan Lovells LLP in New York, Mayora & Mayora SC in Guatemala City and Walkers in Grand Cayman have helped Guatemala’s Banco Industrial issue US$350 million worth of debt.

Simpson Thacher, Shearman and Consortium structure Guatemalan sovereign issuance

10 May 2016

The New York office of Simpson Thacher & Bartlett LLP has helped the Republic of Guatemala issue sovereign notes worth US$700 million.

Venezuela meets resistance in lubricants case

17 March 2016

Venezuela has failed to throw out a lubricants investor’s request to annul an award using ICSID’s summary dismissal procedure, with the panel ruling that a “lack of elaboration or explanation” does not mean an application lacks legal merit.