Hunton Andrews Kurth Advises IDB Invest in Loan to Banco de América Central, Sociedad Anónima

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August 12, 2020

On August 12, 2020, Inter-American Investment Corporation (“IDB Invest”) closed on an unsecured $100 million loan facility to Banco de América Central, Sociedad Anónima (“BAC”). The proceeds of the loan will be used by BAC to make sub-loans to small and medium-sized enterprises in Guatemala. This transaction was approved as part of IDB Invest’s institutional response to the COVID-19 pandemic and in order to mitigate the economic crisis caused by the pandemic.

The US-based firm of Hunton Andrews Kurth LLP advised IDB Invest as international counsel. Guatemalan legal advice to IDB Invest was provided by Arias.

Hunton Andrews Kurth lawyers:

  • Siddharth Sethy, Counsel
  • Yasmina Hammoumi Santaella, International Associate

IDB Invest In-house Counsel:

  • Vanessa Marzo Martín

Arias Lawyers:

  • Luis Pedro del Valle, Partner
  • Ligia Salazar, Senior Associate
  • Florencio Gramajo, Associate

Media Contact

Lisa Franz
Director of Public Relations

Jeremy Heallen
Public Relations Senior Manager


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