Consortium - El Salvador Acted as Local Counsel for Scotiabank, and Advised the Financial Institution for the Granting of Two Facilities in Favor of Hospiteum Corporation

August, 2012 - San Salvador, El Salvador

Consortium acted as regional legal advisors (in Guatemala, El Salvador, Honduras and Nicaragua) to Scotiabank El Salvador, S.A. in relation with two credits that were granted to HOTELES E INVERSIONES, S.A. DE C.V. & HOSPITEUM CORPORATION (PRINCESS GROUP) for an amount of US$7,000,000.00 and US$17,000,000.00 to invest in the regional operation of the Princess Group’s hotels in Guatemala, El Salvador, Honduras and Nicaragua.

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