IDB Invest’s $5 Million Loan to Companex (Bolivia), S.A.

Hunton Andrews Kurth LLP advised IDB Invest as international counsel. Bolivian legal advice to IDB Invest was provided by Bufete Aguirre, Quintanilla, Soria & Nishizawa Soc. Civ.

IDB Invest, the Inter-American Investment Corporation, closed on a $5 million secured loan facility to Companex (Bolivia) S.A., a sociedad anónima organized and existing under the laws of the Plurinational State of Bolivia (the Borrower).

The proceeds of the loan will be used by the Borrower to finance its working capital requirements, which include purchases of merchandise produced in the member countries of IDB Invest and subsequently sold in Bolivia and the extension of loans to its customer base consisting of small grocery stores throughout Bolivia.

Hunton Andrews Kurth advised IDB Invest with a team included Partner Vera Rechsteiner (Picture), and Associates Ignacio Hirigoyen and Christopher Peña.

The Attorney Gabriela Alexandra Nassau Ramos served as IDB Invest’s In-house Counsel.

Bufete Aguirre, Quintanilla, Soria & Nishizawa Soc. Civ. advised the Company with a team included Senior Partner Santiago Nishizawa T., and Partners Leonardo Azurduy Saunero and Julio Quintanilla.

Involved fees earner: Leonardo Azurduy Saunero – Bufete Aguirre Soc. Civ.; Santiago Nishizawa Takano – Bufete Aguirre Soc. Civ.; Julio Quintanilla Quiroga – Bufete Aguirre Soc. Civ.; Ignacio Hirigoyen – Hunton Andrew Kurth; Christopher Peña – Hunton Andrew Kurth; Vera Rechsteiner – Hunton Andrew Kurth;

Law Firms: Bufete Aguirre Soc. Civ.; Hunton Andrew Kurth;

Clients: IDB Invest;