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Consortium Legal advised FMO on $60 million loan to Davivienda in El Salvador

  • News
  • 4 September 2017
  • 78
  • 1 minute read
Central American law firm Consortium Legal acted as El Salvador counsel to FMO on a $60 million loan to Davivienda. 

FMO is the Netherlands Development Finance Company, a bilateral private-sector development bank based im the Netherlands.

Davivienda is a Colombia-headquartered bank with international operations. It entered El Salvador in 2014 acquiring the Central American assets of HSBC.

The funds are set to be used for the financing of renewable energy and energy efficiency projects.

Partner Oscar Samour led the team at Consortium Legal advising FMO.

Davivienda instructed Arias in El Salvador.

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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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For further information, please visit the Group’s website www.lcpublishinggroup.com

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