Cynthia Fatecha and Carlos Vouga

Vouga counsels CAF on $50m loan to AFD

Vouga Abogados has counselled CAF – Banco de Desarrollo de América Latina, in the granting of a USD $50 million credit line in favour of the Agencia Financiera de Desarrollo (AFD), which is the only second-tier public bank in Paraguay.

The funds obtained by the AFD will be used to finance working capital, investments, economic activities linked to the agro-industrial sector, foreign trade operations and partial guarantees for AFD bond issues.

The consultancy involved from the negotiation of the credit line contract with the state entity, to the drafting of the financing documents, and in the due diligence of the AFD.

Vouga’s team was led by Cynthia Fatecha (pictured left) and Carlos Vouga (pictured right), with support from associates Belén Rodríguez and Lucas Rolón.

L Giselle Estrada