Arias acts as local counsel in the financing and refinancing of the merger of Ransa with Transportes Centroamericanos del Futuro (TCF)

ARIAS has acted as local counsel in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama to lenders Banco Santander and Banco Latinoamericano de Comercio Exterior (Bladex) in the financing and refinancing that arose from the merger of Ransa with Transportes Centroamericanos del Futuro (TCF).

Through the transaction, Ransa merged its activities with those of TCF, a leading freight forwarder, effectively integrating its operations in Peru, Colombia, Ecuador, Bolivia, El Salvador, Guatemala, Honduras, Mexico, Costa Rica, and Nicaragua.

Arias’ participation facilitated the financing and merger of Ransa and TCF, consolidating Grupo Ransa’s position in the Latin American logistics industry.

The same group also participated in TCF’s refinancing of Banco Santander’s accordion tranche, which closed in the first quarter of 2024.

The transaction was coordinated by the banking and finance team of the Costa Rica office. The lawyers involved in this transaction were:

• Ana Mercedes Lopez, Partner, El Salvador.
• Luis Pedro del Valle, Partner, Guatemala
• Mario Agüero, Partner, Honduras
• Ana Teresa Rizo, Partner, Nicaragua
• Diego Gallegos, Partner, Costa Rica
• María Cristina Fábrega, Partner, Panama
• Rafael Burgos, Senior Associate, El Salvador,
• Cindy Arrivillaga, Director, Banking and Finance, Guatemala
• Rodolfo Salgado, Senior Associate, Honduras
• Arianne Silva, Senior Associate, Costa Rica
• Andrés Marroquín Manrique, Associate, Guatemala
• Kevin Castro, Associate, Nicaragua
• Paula Vives, Associate, Panama
• Martín Montenegro Lou, Paralegal, Guatemala
• Mariana García, Paralegal, Costa Rica