Finance: Valdes, Suarez & Velasco represents International Organization as local counsel in USD100 million Loan to Major Bank

Valdes, Suarez & Velasco represents International Organization as local counsel in Loan of up to USD100 million to Major Bank. On September 2013, an International Organization and a Major Bank, executed an A/B Loan up to $100,000,000.00, the proceeds of which will be used by the Major Bank to finance small and medium sized enterprises in El Salvador. Valdes, Suarez & Velasco Partner Julio Valdes led the local counsel team. The U.S. based firm of Andrews Kurth LLP acted as U.S. counsel to the International Organization in the financing, Partner Vera Rechsteiner and Associate Ignacio Hirigoyen. For more information about Valdes, Suarez & Velasco banking and finance practice, please contact Partner Julio Valdes.