Mr Mario Lozano > Arias > San Salvador, El Salvador > Lawyer Profile

The banking and finance team at regional firm Arias continues to lead in the Salvadoran market, with significant strength in advising domestic and multinational banks and financial institutions, including Bank of America and the Bank of Nova Scotia, on high-value, often multi-jurisdictional financial transactions, including debt restructurings, asset securitisations, loan agreements and project finance. The sizeable leadership group is made up of Armando Arias, an authority in financial matters; Lilian Arias, who has over 25 years of experience in assisting multinational corporations and financial institutions with the structuring of loans and guarantees; Roberta Gallardo, who has a strong track record of advising on credit and financing deals; Ana Mercedes López, a specialist in the financing of major projects in sectors such as energy and aviation; Mario Lozano, who has expertise in the fintech and cryptocurrency fields; Luisa Rivas, who handles the financing of major infrastructure projects and transactions in regulated industries; and free trade zone regime expert Carolina Lazo. Other key figures include senior counsels Ernesto Sánchez, who assists clients with credit agreements and stock and asset purchase agreements, and Adán Araujo, whose practice covers syndicated loans, securities and venture capital agreements, and senior associate Rafael Burgos, whose clients include well-known restaurant chains.

Formed following the split of pioneering Central American firm Arias & Munoz, Arias has a well-established network of seven offices in the region, spread across Guatemala, El Salvador, Honduras (where it has branches in both Tegucigalpa and San Pedro Sula), Nicaragua, Costa Rica and Panama. The firm has a long history of handling high-profile local and international M&A and financial transactions, acting for an impressive roster of multinationals, global financial institutions and leading regional banks. Diego Gallegos, who has expertise in asset and project finance, and Vicente Lines, an expert in the infrastructure and telecoms spaces, lead the finance practice in Costa Rica and are also key figures in the corporate team, where energy specialist Melania Dittel is also noted. In El Salvador, Mario Lozano is sought after for his advice on fintech and cryptocurrency issues, while Lilian Arias, the M&A-focused Roberta Gallardo and Luisa Rivas are among the key contacts for corporate matters. In Guatemala, Luis Pedro del Valle, who has a strong track record in cross-border M&A, took over leadership of the corporate and finance practices in April 2023. The highly experienced Evangelina Lardizábal steers the corporate and finance teams in Honduras alongside Mario Agüero, while in Nicaragua Ana Teresa Rizo, a go-to partner for foreign investments, Bertha Argüello, Gustavo-Adolfo Vargas and Rodrigo Ibarra, a specialist in the energy sector, are the names to note. María Cristina Fábrega takes the lead on M&A and financial transactions in Panama.