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Nassar Abogados assisted Phoenix Tower on $120 million loan

  • News
  • 21 April 2017
  • 77
  • 1 minute read
Costa Rica-headquartered law firm Nassar Abogados advised Phoenix Tower International on closing a $120 million loan to finance wireless infrastructure across Latin America. 

Phoenix Tower International is a wireless tower operator with sites throughout Latin America, the Caribbean and the United States.

Scotiabank led the international consortium of lenders which included Banco General, ING Capital, Popular Bank, Towerbank International and Metrobank. The deal spanned Colombia, Costa Rica, Dominican Republic, El Salvador, Panama and Peru.

For this deal, Phoenix Tower International instructed Locke Lord in the US, Nassar Abogados in Costa Rica and Alemán, Cordero, Galindo & Lee in Panama.

The lenders retained White & Case in the US, Zurcher, Odio & Raven in Costa Rica and Arias, Fábrega & Fábrega in Panama.

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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.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

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

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