
Arias houses a comprehensive banking and finance practice, which takes advantage of the firm’s regional status to advise on an array of complex, multi-jurisdictional transactions, frequently working alongside its other offices in Central America. The team is particularly sought after for its expertise on the lender side, acting for a stellar client list of regional and international banks and multilaterals, with notable strength in assisting development banks with cross-border loans to domestic companies and financial institutions to promote sustainable growth in the region (including the financing of green projects). Luis Pedro Del Valle, whose practice covers the full spectrum of domestic and cross-border transactions, leads the team. He is supported by a strong secondary line-up, which includes director Cindy Arrivillaga, whose dual qualification in New York is a bonus for international matters, senior associate Francisco Zuluaga and associate Andrés Marroquín.
Legal 500 Editorial commentary
Key clients
- The Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO)
- Banco Latinoamericano de Comercio Exterior (Bladex)
- Banco de América Central
- Premium Restaurant Brands
- Inter-American Investment Corporation (IDB)
- Blue Orchard Microfinance Fund
- CACIB (Crédit Agricole Corporate and Investment Bank)
- responsAbility
- Natixis
- Truist Bank
Work highlights
Acted as local counsel to the International Finance Corporation (IFC) in a $120m corporate senior unsecured loan transaction with a seven-year tenor granted to Ransa Corp and its subsidiaries across Latin America.
Acted as local counsel to FMO and DEG in providing up to $180m in unsecured financing to Banco de América Central (BAC) in Guatemala for eligible green projects.
Advised BAC on a $34m financing for the construction and operation of the 65MW San Patricio photovoltaic solar plant in Guatemala, set to begin operations by mid-2025.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Luis Pedro del Valle

