Costa Rica
BLP has advised Cementos Progreso Holdings, S.L. on the $335 million acquisition of assets from Cemex, S.A.B of C.V. in Costa Rica and El Salvador. Our international teams performed due diligence and provided local legal advice on the signing of an agreement by Cementos Progreso Holdings S.L. (“Cementos Progreso”) to acquire the Costa Rican and Salvadoran subsidiaries of the business group CEMEX, S.A.B. of C.V. (“CEMEX”)
Costa Rica
BLP has advised IDB Invest on its combined long-term and medium-term loan of up to US$23 million to Grupo Desarrollador de Parques Industriales S.A to develop the Green Park Industrial Park in the Coyol area on the outskirts of Alajuela. The financing will be used for the construction of several industrial buildings within the Green Park Industrial Park, which will increase the availability of industrial facilities in Costa Rica
Costa Rica
BLP has advised IDB Invest on its senior loan for up to $25 million to American Industrial Park S.A. de C.V. (AIP). AIP is one of the leading companies in El Salvador in the construction and administration of free trade zones and industrial parks, with more than 25 years of experience in the market. It currently manages more than 200,000 m2 of industrial space, housing 26 companies that employ more than 12,000 people
Costa Rica
One in three partners at Central American firm BLP are now women after a promotion in Nicaragua and a hire in Costa Rica, bucking regional diversity norms. Administrative and real estate lawyer Sofia Zuniga, 38, joins the firm’s San José office as senior counsel from Costa Rican law firm Legal & Business Advice, while energy and infrastructure practitioner Claudia Prado, 44, has been promoted in Managua. The firm now counts five counsel and 30 partners across Central America and Spain
