Arias, Fábrega & Fábrega acted as legal counsel to BICSA Capital in connection with the cross-border public issuance by Hospital Hotel La Católica, S.A. Class E Preferred Shares, convertible into Class B Common Shares, registered with the Superintendence of Capital Markets of Panama and Latin American Stock Exchange (Latinex).

This innovative cross-border transaction, valued at up to US$30 million, aims to strengthen the hospital’s capital structure and finance its growth in health and hospital services. Hospital Hotel La Católica, S.A. is the holding company of Hospital Internacional La Católica, a leading hospital in Costa Rica.