ROMERO PINEDA: LEGAL COUNSEL DEG- DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH

DEG- DEUTSCHE INVESTITIONS- Our client DEG- DEUTSCHE INVESTITIONS-UND ENTWICKLUNGSGESELLSCHAFT MBH is a subsidiary of KfW Group,  devoted to the promotion of business initiatives in developing and emerging market countries as a contribution to sustainable growth. DEG  granted a long-term financing to BANCO LA HIPOTECARIA (Panamá) and LA HIPOTECARIA, S.A. DE C.V. (El Salvador) acting as co-debtors.

We acted as local legal advisors to the Creditor on the loan credit agreement signed by the parties for the operation. Also, we were responsible of structuring a pledge agreement over a mortgage loan portfolio of 30 million dollars.  This transaction involved 3 jurisdictions (Germany, El Salvador and Panamá).