Grupo Q is engaging in a syndicated credit agreement with Banco Latinoamericano De Comercio Exterior, S.A. (Bladex) in two tranches, where four companies of the group act as co-borrowers, and there is a guarantor. The agreement is valued on US$101,500,000.00 and involved legality and enforceability in El Salvador, Costa Rica, United States of America and Panama.
LOVILL acted as the local counsel of the guarantor, assisting Grupo Q on the review of the credit agreement, review and drafting of a banking legal opinion about the corporate faculties of the guarantor and legality and enforceability of the agreement in Panama and coordinating with parties on different issues relating to the transactions.
LOVILL lawyers: Elizabeth Heurtematte and Ana Carolina Ureña.