US$32 million syndicated loan lead by Banco General for Phoenix Tower International
Arias, Fábrega & Fábrega represented Banco General in connection with the financing of asset purchases by Phoenix Tower International in Costa Rica and Panama. Phoenix Tower International LLC owns and operates high quality wireless infrastructure sites.
The US$32,150,000.00 transaction involved multiple jurisdictions and multiple counsels (New York, BVI, Costa Rica and Panama), and was structured with close similarities to a project financing.
PTI is currently focused on infrastructure expansion throughout Central and South America and the United States.