ARIAS Guatemala acted as local counsel to Natixis Corporate and Investment Banking, New York branch, and BLADEX in connection with a USD 115 million club deal financing granted to Transportadora de Energía de Centroamérica, S.A. (“TRECSA”), a leading Guatemalan energy transmission company and affiliate of Grupo Energía Bogotá.
The financing was structured as a multistage transaction, combining a bridge facility with a five-year term loan, and will be used to refinance existing debt and optimize TRECSA’s maturity profile.
Arias advised the lenders on Guatemalan law aspects of the transaction, including the implementation of the local structure and the coordination of relevant corporate and regulatory matters, working closely with international counsel to ensure a seamless multi-jurisdictional closure.
This transaction underscores Arias’ continued involvement in the energy sector and its role advising on complex financing structures.
Congratulations to the team involved:
- Luis Pedro del Valle – Partner
- Cindy Arrivillaga – Banking and Finance Director
- Florencio A. Gramajo – Senior Counsel
A transaction that demonstrates the value of having a legal advisor who understands both local complexities and the dynamics of international financing.