DLA Piper advises FMO in its US$23 million trade facility to Volcafé
DLA Piper advised FMO, the Dutch entrepreneurial development bank, in providing a US$23 million secured term facility to Beneficios Volcafe Costa Rica, S.A., part of Volcafe group, a leading global green coffee merchant.
Volcafe will use the five-year term loan from FMO as working capital needs for sourcing and commercializing coffee originating in Costa Rica and Latin America. The facility will also allow Volcafe in Costa Rica to strengthen its partnerships with local coffee producers.
“It was a pleasure to advise FMO on this secured term facility and help the bank in its mission to drive sustainable private sector growth in developing countries and emerging markets,” said Margarita Oliva Sainz de Aja, the DLA Piper partner who led the deal team.
In addition to Oliva (New York), the DLA Piper team included associates Marcos Taiana (New York) and Susana Guizar (Mexico City).
DLA Piper in Latin America’s Team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With over 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve all our clients’ legal and business needs, whether they are based in Latin America or wish to do business there. For more information, visit Latin America | DLA Piper.