Andrews Kurth Represents IDB in $16 Million Loan to Banco Bilbao Vizcaya Argentaria Paraguay S.A
(Washington, DC)— On July 27, 2012, the Inter-American Development Bank (“IDB”) closed on a US$16 million senior loan facility to the Paraguayan bank Banco Bilbao Vizcaya Argentaria Paraguay S.A.
The proceeds of the loan are intended to finance the growth of small and medium-sized enterprises and to fund the origination by the Borrower of loans to small and medium-sized enterprises in the Republic of Paraguay.
The U.S. based firm of Andrews Kurth LLP and the Paraguayan firm of Ferrere advised the IDB on the financing.
Andrews Kurth Lawyers:
Vera Rechsteiner, Partner
IDB In-house Counsel:
Pilar Jimenez de Arechaga
IDB Local Counsel:
Nestor Loizaga, Partner
Banco Bilbao Vizcaya Argentaria Paraguay S.A. In-house Counsel:
Alberto Andrada Argaña
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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