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Interlaw Partner Firm Advises on the financing of Marina Flamingo in Costa Rica

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BLP, Interlaw’s partner firm in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, has advised both Banco BCT and Marina Flamingo Development Group on granting a syndicated loan for the development of Marina Flamingo, located in the province of Guanacaste, Costa Rica.

This transaction constitutes the first stage of Marina Flamingo, including berths, commercial and residential spaces, and essential services such as a fuel station, water treatment plant, and waste collection.

The project will promote the development of a national coastal area with direct and indirect employment and related tourism activity.

BLP also advised on the structuring and preparation of the operation’s credit and trust agreements and the documents related to the credit guarantees.

The BLP team advising the client was Luis Castro, Pablo Umaña Gambassi, Andres Lopez, Luis F. Hernández, Elia Naranjo Morelli, Kattya Mejías Villalobos and Diego Quirós.