Market: El Salvador

Telefónica signs new deal to sell assets in El Salvador

Spanish telecoms giant Telefónica has hired Latham & Watkins LLP in Madrid and New York and Arias in San Salvador, Guatemala City and Managua to sell its operations in El Salvador to Jaguar Fund for US$144 million.

25 October 2021

Consortium Legal steers cross-border agribusiness acquisition

Two Consortium Legal offices have helped agrochemical company Duwest acquire counterpart Agrinter’s operations in El Salvador and Honduras.

15 September 2021

Novis expands in Central America with more ex-Sáenz partners

Salvadorean law firm Novis Estudio Legal has opened offices in Costa Rica, Guatemala, Honduras and Nicaragua by adding two new partners and a group of lawyers from Sáenz & Asociados – the former firm of Novis' founding members.

02 September 2021

IDB Invest backs power storage project in El Salvador

Clifford Chance LLP in Washington, DC and Paris and BLP (El Salvador) has helped IDB Invest provide financing to French renewables company Neoen, which will use the funds to acquire two battery energy storage systems in El Salvador.

01 September 2021

UK online payment company Paysafe continues LatAm expansion

Paysafe has enlisted Greenberg Traurig LLP as lead international counsel to make its second acquisition in Latin America in a couple of weeks, buying US counterpart SafetyPay and its operations in the region for US$441 million.

25 August 2021

Plastics maker issues Peru’s first global sustainability-linked bond

Peruvian plastic packaging company San Miguel Industrias (SMI) has hired Skadden, Arps, Slate, Meagher & Flom LLP in New York and BBGS Abogados (Peru) to issue sustainability-linked bonds and launch a tender offer, with both transactions worth a total of US$585 million.

16 August 2021

French business solution company buys Colombian counterpart

French business solutions provider Webhelp has enlisted five offices of Latham & Watkins LLP, several offices of Central American law firm Arias, Mexican firm González Calvillo, SC and Posse Herrera Ruiz in Bogotá to acquire Colombia’s OneLink.

11 August 2021

BLP helps FMO in Central American banking loan

Dutch development bank FMO has enlisted BLP (El Salvador) to provide a US$60 million loan to Banco La Hipotecaria in El Salvador and Panama.

27 July 2021

LACCA’s Technology Survey

Featured in Technology 2021

Our latest technology survey charts the growing dependence of Latin American corporate counsel on ‘lawtech’, or advances in legal technology. We present some of the key data points that illustrate how in-house counsel in the region use technology today.

15 July 2021

Arias steers power loan in El Salvador

San Salvador-based power company La Distribuidora de Electricidad DELSUR has turned to Arias (El Salvador) to obtain a US$30 million loan from Colombian bank Davivienda.

13 July 2021

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