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Cerberus retains Consortium in Central American acquision finance

  • News
  • 5 October 2016
  • 77
  • 1 minute read
Consortium Legal lawyers in Honduras, El Salvador and Nicaragua advised Cerberus on a $90 million syndicate loan to Lowell Acquisition LLC.

Cerberus Capital Management is an private equity firm headquartered in New York which specializes in distressed investing. The borrower, Lowell Acquisition LLC, will use the proceedings of the loan to acquire the Central American operations of New Holland Apparel, the athletic clothing manufacturer.

The team at Consortium Legal included partners Rodrigo Taboada in Nicaragua, Gustavo Leon Gomez and Jose Ramon Paz in Hounduras and Oscar Samour in El Salvador.

Schulte Roth & Zabel provided international counsel to Cerberus.

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Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

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