Deal · Costa Rica
Nassar Abogados represents the first Costa Rican company to be listed on the New York Stock Exchange
Nassar Abogados served as the legal counsel for Costa Rica and El Salvador for Logistic Properties of the Americas (LPA) in a groundbreaking deal for Central America, allowing the company to be listed on the New York Stock Exchange (NYSE).
Nassar Abogados served as the legal counsel for Costa Rica and El Salvador for Logistic Properties of the Americas (LPA) in a groundbreaking deal for Central America, allowing the company to be listed on the New York Stock Exchange (NYSE).
Nassar Abogados provided support to LPA in the due diligence process, negotiations concerning specific local elements of the Business Combination Agreement, and other corporate matters.
As part of their involvement, their team, comprising a Partner, a Senior Associate, and an Associate, participated in the Opening Bell Ceremony at the NYSE on May 30, 2024.
On their official LinkedIn site, the NYSE posted: "The first Costa Rican company to list on NYSE. Congratulations to the team at Logistic Properties of the Americas, led by CEO and birthday bell-ringer Esteban Saldarriaga!"
The deal was primarily led by LPA’s legal counsel in New York, Baker McKenzie. Additionally, Brigard Urrutia (Colombia), Sigma Law Firm and Fábrega Molino (Panama), as well as MOAR Abogados (Peru) also contributed to assisting LPA.
Thomas McDonald, Chairman of LPA, stated, as quoted by outlet Business Wire: "We are proud and excited for LPA and this next, important step in the company’s natural evolution. LPA’s NYSE listing offers unique opportunities for investors to participate in a geography and sector previously unavailable. Additionally, LPA is ideally positioned to execute its growth plan utilizing the new capital and public shares as currency."
About Logistic Properties of the Americas (LPAmericas.com)
Logistic Properties of the Americas is a leading developer, owner, and operator of modern sustainable logistic real estate in high-growth and high barrier to entry markets in the Andean and Central American regions.
The company’s customers are multinational and regional companies dedicated to third party logistics, business-to-business distribution, retail distribution and e-commerce fulfillment centers.
About Nassar Abogados (