Arias, Fábrega & Fábrega acted as counsel to Wachovia Bank, National Association, and Bayerische Hypo-und Vereinsbank AG in connection with a US$130 million senior loan to BAC International Bank, Inc.

The banks members of the syndicate included Bayerische Hypo-und Vereinsbank AG, New York Branch, Wachovia Bank, National Association, Standard Chartered Bank, Bank of Ayudhya Public Company Limited, Commerzbank Aktiengessellschaft, Dresdner Bank AG, Niederlassung Luxembourg, Fifth Third Bank, Israel Discount Bank of New York, Banca Monte dei Paschi di Siena S.p.A., Banco Colpatria Cayman Inc., Credit Suisse, HSBC Bank (Panama), S.A., and Wells Fargo Bank.