ARIAS is pleased to recount the role played as local counsel in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama to Banco Santander and Banco Latinoamericano de Comercio Exterior (Bladex) in the financing and refinancing resulting from the merger of Ransa with Transportes Centroamericanos del Futuro (TCF).


Through the transaction, Ransa merged it with TCF, a leading company in cargo transport, effectively integrating its operations in Peru, Colombia, Ecuador, Bolivia, El Salvador, Guatemala, Honduras, Mexico, Costa Rica and Nicaragua.


Arias' successful involvement facilitated the financing and merger of Ransa and TCF, solidifying Grupo Ransa's position in the Latin American logistics industry.


Aditionally, the same group participated in the refinancing that TCF carried out of the accordion tranche for Banco Santander which closed in the first trimester of 2024.


The transaction was coordinated by the banking and finance team in the Costa Rica office. The lawyers involved in this transaction were:

  • Ana Mercedes Lopez, Partner, El Salvador
  • Luis Pedro del Valle, Partner, Guatemala
  • Mario Agüero, Partner Honduras
  • Ana Teresa Rizo, Partner, Nicaragua
  • Diego Gallegos, Partner Costa Rica
  • Maria Cristina Fábrega, Partner, Guatemala
  • Rafael Burgos, Senior Associate, El Salvador,
  • Cindy Arrivillaga, Banking and Finance Director, Guatemala
  • Rodolfo Salgado, Senior Associate, Honduras
  • Arianne Silva, Senior Associate, Costa Rica
  • Andres Marroquin Manrique, Associate, Guatemala
  • Kevin Castro, Associate, Nicaragua
  • Martín Montenegro Lou, Paralegal, Guatemala
  • Mariana García, Paralegal, Costa Rica

It is an honor to have been involved in this transaction. Our sincere gratitude goes to our clients for the trust placed in us and we extend heartfelt congratulations to our exceptional team!