Arnold & Porter in Washington, DC and New York and Consortium Legal (El Salvador) have helped El Salvador issue sovereign bonds worth US$1.1 billion, receiving the country’s lowest interest rate ever for a long-term issuance.
In a fast-changing world, the Latin Lawyer Elite firms of 2018 have shown themselves willing to take innovative steps to defend their leading positions.
Arnold & Porter Kaye Scholer LLP in Washington, DC, has helped El Salvador obtain a bridge loan worth US$97 million to help cover last year’s budget.
Holland & Knight LLP in Miami and Tampa, the San Salvador, Guatemala City, Tegucigalpa and Panama City offices of Arias Law, Muñiz Ramírez Pérez-Taiman & Olaya in Lima and Conyers Dill & Pearman in Tortola have advised leading US pawn loan provider EZCORP on its US$53 million multi-jurisdictional acquisition of Guatemalan pawn shop company GuatePrenda-MaxiEfectivo (GPMX).
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.
Consortium Legal's San Salvador office has helped US business consultancy Interbrand design new branding for El Salvador’s trade promotion agency PROESA.
Arnold & Porter Kaye Scholer LLP in Washington, DC, and Consortium Legal (El Salvador) has helped El Salvador issue bonds worth US$601 million.
Hogan Lovells LLP's New York office and Arias (El Salvador) have helped Salvadorean bank Banco Cuscatlán issue securities worth US$100 million that are backed by diversified payment rights (DPRs).
Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York and the Managua, San Salvador and Tegucigalpa offices of Arias & Muñoz have helped US clothes supplier Lowell obtain a syndicated loan worth US$90 million from private equity group Cerberus to fund the acquisition of a US apparel maker’s Central American operations.
Consortium Legal (El Salvador) has helped Spain’s Barceló Hotels & Resorts acquire a luxury hotel in San Salvador for an undisclosed fee.