IFLR1000

Grupo Monge $120 million loan

27/4/2017
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$ 120 million

Completed

27/4/2017

Overview:

  • GMG Holding with its subsidiary Grupo Monge, a household appliances and consumer electronics company, received a $120 million three-year senior unsecured syndicated loan.
  • Banco Latinoamericano de Comercio Exterior (Bladex) acted as sole lead arranger, bookrunner and administrative agent. 
  • Monge has 518 stores across Central America (Costa Rica, Guatemala, Honduras, El Salvador and Nicaragua) and Peru.

Rani Mehta - Journalist 

Jurisdictions:

Costa Rica
El Salvador
Guatemala
Honduras
Nicaragua
Panama
Peru

Deal type:

Financing

Practice area:

Banking

Industry sector:

Consumer goods and services

Firms:
Arias Fábrega & Fábrega

Party: Bladex (Arranger)

Lawyer: Rodrigo Cardoze

Bufete López Cordero

Party: Grupo Monge (Borrower)

Lawyer: Guillermo López Davis

Fabrega Molino & Mulino

Party: Grupo Monge (Borrower)

Lawyer: Jose Agustin Preciado

García Sayán Abogados

Party: Grupo Monge (Borrower)

Lawyer: Luis Gastañeta A

Garrigues

Party: Bladex (Arranger)

Lawyer: Oscar Arrús

Holland & Knight

Party: Bladex (Arranger)

Lawyer: Stephen Double

Lexincorp

Party: Grupo Monge (Borrower)

Simpson Thacher & Bartlett

Party: Grupo Monge (Borrower)

Lawyers: Jaime Mercado, Soogy Lee

Vector Legal

Party: Grupo Monge (Borrower)

Lawyer: Jessica Salas

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