BLP advised IDB Invest on a $70 million subordinated loan to Banco Agrícola S.A. in El Salvador

BLP advised IDB Invest on all matters related to closing a $70 million unsecured subordinated loan to Banco Agrícola S.A. of El Salvador. Banco Agricola will use the loan proceeds to support its supplementary capital structure and for the origination of sub-loans to small and medium-sized enterprises in El Salvador, with an emphasis on Salvadoran women-owned/led small and medium-sized enterprises.

Our team in this transaction: