Morgan & Morgan advised Banco Davivienda Salvadoreño, S.A. in a US$39.5 million financing to companies that are part of the Premium Restaurant Brands group.
April, 2021 - Panama, Panama
Morgan & Morgan advised Banco Davivienda Salvadoreño, S.A. (the “Bank”), of Colombian Grupo Empresarial Bolívar, which also has operations in Panama, Costa Rica, Honduras, El Salvador and Miami, in a US$39,500,000.00 financing granted in favor of certain companies part of the Premium Restaurant Brands Group (the “Group”), as well as in the creation of security interests in favor of the Bank, to guarantee the financing.
The Group has a presence in El Salvador, Guatemala, Costa Rica, and Mexico, with 27 years of experience in operating fast-food restaurants in the region.
Partner Roberto Vidal and International Associate Miguel Arias M. assisted in the transaction.
