We assisted Imperia Intercontinental Inc., parent company of Banco Cuscatlán de El Salvador, in connection with a US$100 million credit and guarantee agreement entered into with Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and JP Morgan Chase, as lead arrangers, and the lenders thereto in order to finance the acquisition by Imperia of Scotiabank’s banking and insurance operations in El Salvador.

This significant transaction closed in January 2020.

Partner Arturo Gerbaud, together with senior associate Rita de la Guardia, were in charge of this transaction.