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Andrews Kurth Represents IDB in $20 Million Loan to Banco Bolivariano, C.A.

July 5, 2012
Washington, DC

On May 29, 2012, the Inter-American Development Bank (“IDB”) closed on a US$20 million facility to the Ecuadorian bank Banco Bolivariano, C.A.  

The proceeds of the loan are intended to finance the Borrower’s projected growth of loans to small-and-medium size enterprises in the Republic of Ecuador.

The U.S. based firm of Andrews Kurth LLP and the Ecuadorian firm Perez, Bustamante & Ponce Abogados advised the IDB on the financing.

Andrews Kurth Lawyers:

Vera Rechsteiner, Partner
Ignacio Hirigoyen, Associate

IDB In-house Counsel:

Brian Muraresku

IDB Local Counsel:
Perez, Bustamante & Ponce Abogados

Bruno Pineda Cordero, Partner

Natalia Almeida, Associate

Borrower’s Counsel
Moeller, Gomez-Lince & Cia Abogados

Idler Valverde Farfán

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 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.

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