US$125 million syndicated loan from Bladex

Banco de Costa Rica

Our attorneys represented Banco de Costa Rica in obtaining a US$125 million syndicated loan from Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and a lending group of nine international lenders. The credit facility was the first such financing agreed to by Costa Rica’s oldest and second largest bank during its 138-year history. The firm’s client will use the proceeds from the five-year, senior unsecured loan to increase its liquidity and grow its US dollar loan portfolio.

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