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

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.

Ignacio Abella