Arias, Fábrega & Fábrega acted as Panamanian legal counsel to Panamanian counsel to Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) in connection with a US$200 million syndicated loan granted to Grupo CrediQ. 

The loan was structured by Bladex in collaboration with Banco Agrícola S.A. (a member of Grupo Bancolombia) and granted to Inversiones CrediQ Business, S.A. and its subsidiaries in Costa Rica, El Salvador, and Guatemala.