IFLR1000 Reviews

Financial and corporate

Full-service Central American firm Consortium Legal has offices in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica. The Nicaraguan branch is in Managua and is highly regarded by clients and peers alike. 

  

Focusses / specialisms 

The firm is top tier across the board but has special expertise in the banking and capital markets practice area. 

In banking, the team represents lenders and borrowers in loan agreements, credit facilities and restructurings. 

It also regularly works on capital markets transactions including derivatives, securitizations, public offerings, and investment fund matters. 

Additionally, the firm advises local and international clients across all industries on M&A matters. 

The firm also does outstanding work in the project development practice area, representing developers and sponsors in a wide array of industries. 

  

Key clients 

Key clients for the firm include many banking and financial institutions such as HSBC, Fundenuse, Credit Suisse, Bank of Nova Scotia, Banpro and Banco Latinoamericano de Comercio Exterior. 

  

Research period review: 32nd edition (2022/2023) 

Over the research period, the firm was active in capital markets and M&A. 

The capital markets practice advised initial purchasers and bookrunners in financing from high-yield and green bond issuances. 

M&A activity included a very high-profile acquisition in the telecommunications industry, as well as some more moderate private acquisitions and asset acquisitions in various sectors. 

On October 7th of 2021, esteemed partner Diego Alejos passed away.  

 

Deal highlights: 32nd edition (2022/2023) 

Banco Industrial, Sociedad Anónima $300 million 4.875% bond issuance 

Faes Farma $30 million acquisition of Global Farma 

Investment Energy Resources Limited $700 million 6.25% green bond issuance 

Millicom $2.2 trillion acquisition of Tigo Guatemala  

Republic of Guatemala $1 billion 3.75, 4.65% bond issuance  

 

Client feedback: 32nd edition (2022/2023) 

M&A 

"Complete advice on fiscal, labor and commercial matters. They provide a very close service, with a very open and fully available style." 

 

Sofia Escriba 

"Attentive." 

"Very close to the client. Extremely responsive."