Career
Mario is a partner at Consortium Legal – Costa Rica with 35 years of experience in the banking sector. He has an extensive experience in the commercial, banking, and financial practice areas, especially in the acquisition of banking and financial institutions, leading integration, and merger processes, and having a wide knowledge in related regulatory matters. Mario is currently the coordinating partner of Consortium Legal's regional banking and finance practice.
During his career, he has participated in the designing and documentation processes of cross-border financing operations in Central America, representing banks and other international and multilateral financial institutions in both local and multi-jurisdictional transactions, with different guaranteed structures. He has participated in the design and documentation of private equity funds for the development and acquisition of projects, as well as advising regulated entities such as investment funds, stock exchanges and insurance companies in their business operations and relationship with their supervisors. He has also participated in the securitization of assets, as well as in the issuance of bonds and shares. He has been a member of Boards of Directors of private banks and insurance companies.
Work Highlights
• Advised BofA Securities, Inc. and HSBC Securities (USA) Inc. as to Costa Rican Law, on a US$300 million Rule 144A issuance and purchase of sustainability-linked international notes by Instituto Costarricense de Electricidad
• Advised BAC Credomatic in the regulatory and corporate matters of a merger among several corporate entities in the Costa Rica financial group, prevailing Banco BAC San José S.A., the largest private bank in Costa Rica
• Advised Citigroup Global Markets Inc. and HSBC Securities (USA) Inc. as to Costa Rican Law, on a US$1,5 billion Rule 144A issuance and purchase of international notes by the Government of Costa Rica
• Advised a group of lenders from Costa Rica, Panama and the United States on a syndicated credit facility for US$125,000,000.00 granted to a local cable and telecommunications company, part of a global company.