Arias, Fábrega & Fábrega acted as Panamanian counsel to Bladex, Inc. and Banco Santander, S.A. in connection with a joint bridge and a long-term syndicated credit facilities extended to Inversiones Cuscatlán Centroamérica, S.A., and Banco La Hipotecaria, S.A., a member of ICC's economic group. The financing supported ICC's strategic acquisition of Banistmo, S.A., one of Panama's leading banking institutions.

ARIFA advised the lenders on all Panamanian law aspects of the financing.

Working in close coordination with U.S. and regional counsel, ARIFA managed the Panamanian components of the cross-border financing, helping ensure the seamless execution of this landmark acquisition financing.