Market: El Salvador

El Salvador makes US$360 million tender offer

Three offices of Arnold & Porter have helped the Republic of El Salvador make a US$360 million tender offer.

06 October 2022

LatAm firms deliver global customer experience merger

Six offices of Cuatrecasas, Allende & Brea in Buenos Aires, four offices of Central American firm Alta and Pérez Bustamante & Ponce (PBP) in Quito have helped multinational customer experience company Majorel acquire Madrid-based counterpart Findasense, including the target’s operations in Latin America.

22 September 2022

Phoenix Tower refinancing calls on LatAm counsel

Locke Lord LLP in Boston and New York and Latin American firms have helped US telecoms group Phoenix Tower International restructure several loans held by its Latin American and US subsidiaries and package them into one single US$2 billion facility, including an acquisition financing it recently obtained to buy Chilean tower assets.

31 August 2022

Several firms steer AES tender offer and loan in El Salvador

Alta Valdes, Suárez & Velasco in San Salvador has helped the local subsidiary of US energy group AES make a US$285 million tender offer and obtain a US$348 million credit line to purchase the tendered notes.

19 July 2022

Aguilar Castillo Love in laptop tender for Salvadorean schools

Aguilar Castillo Love (El Salvador) has helped IT products distributor Ingram Micro win a tender to provide laptops and tablets to children at Salvadorean public schools.

30 June 2022

Promerica issues El Salvador’s first sustainable bonds

The New York and Washington, DC offices of Allen & Overy LLP and BLP (El Salvador) have helped IDB Invest purchase US$20 million worth of sustainable bonds issued by Salvadorean bank Promerica.

28 June 2022

Scotiabank divests subsidiary to Salvadorean retailer

Salvadorean retailer Grupo Unicomer has hired BLP (El Salvador) and Rodrigo, Elías & Medrano Abogados in Lima to acquire CrediScotia Financiera, a subsidiary of Scotiabank in Peru.

18 May 2022

Dentons Muñoz expands in El Salvador

Dentons Muñoz has absorbed MCM Legal in El Salvador, adding two partners with experience in M&A and IP law.

12 April 2022

Grupo Aval sets up securitisation programme for Taca Airlines

Colombian financial services company Grupo Aval has turned to Latham & Watkins LLP in New York, Chicago and Boston to structure a future flow securitisation of credit card receivables of Taca Airlines, the Salvadorean division of Avianca.

04 April 2022

Deal of the Year 2021: the full shortlist

Featured in 16th Annual Awards

Latin Lawyer will announce the winners of the 16th annual Deal of the Year Awards on the night of our charity awards ceremoney at Hotel Unique in São Paulo on Thursday 5 May.

17 March 2022

Unlock unlimited access to all Latin Lawyer content