BLP instructed on FMO loan in Costa Rica
Central American law firm BLP advised the Netherlands Development Finance Company (FMO), on a $19.5 million senior loan facility to Desyfin, a Costa Rican no-banking financial institution.
Desyfin provides credit and other financial products to the SME segment in Costa Rica. The FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV) is a bilateral private-sector development bank based in the Netherlands. The proceeds of the loan will be used to support Desyfin´s funding of small- and medium- sized enterprises in Costa Rica.
Partner David Gutierrez led the BLP team advising FMO which instructed Hogan Lovells as international counsel.