Andrews Kurth Represents IDB in $5 Million Loan to Banco G&T Continental El Salvador, S.A.
(Washington, DC)—On March 15, 2013, the Inter-American Development Bank (“IDB”) closed on a US$5 million loan to Banco G&T Continental El Salvador S.A., a bank domiciled in the Republic of El Salvador. The proceeds of the secured loan are intended for the purpose of supporting the bank’s small- and medium-sized enterprise loan portfolio and to increase its lending portfolio to women operated enterprises in El Salvador. The U.S. based firm of Andrews Kurth LLP advised IDB on the financing.
Andrews Kurth Lawyers:
Vera Rechsteiner, Partner
Siddharth "Sid" Sethy, Associate
Ignacio Hirigoyen, Associate
IDB In-House Counsel:
Ernesto Jimenez Hernandez
Juan Salvador Nito Irigoyen
IDB Local Counsel in El Salvador:
Valdes, Suarez & Velasco
Julio Valdes, Partner
Carlos Meyer, Associate
Banco G&T Continental El Salvador S.A. In-house Counsel:
Raul Pineda
About Andrews Kurth LLP
For more than a century, Andrews Kurth has built its practice on the belief that “straight talk is good business.” Real answers, clear vision and mutual respect define the firm’s relationships with clients, colleagues, communities and employees. With over 400 lawyers and offices in Austin, Beijing, Dallas, Houston, London, New York, Research Triangle Park, The Woodlands and Washington, DC, Andrews Kurth represents a wide array of clients in multiple industries. For more information about Andrews Kurth, please visit andrewskurth.com.
Media Contact
Lisa Franz
Director of Public Relations
Jeremy Heallen
Public Relations Senior Manager
mediarelations@HuntonAK.com