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Arias advised Banco La Hipotecaria – Panama and La Hipotecaria El Salvador in structuring and issuing mortgage loans bonds

March, 2019

Arias successfully assisted Banco La Hipotecaria - Panama and La Hipotecaria El Salvador in the structuring and issuing of mortgage loans bonds, placing this issue on the Stock Exchange of Panama.

Among the relevant tasks that Arias carried out, was to provide advice under the Salvadoran legal framework for the structuring of the issuance bonds, being also relevant the support in the improvement of part of the guarantee; in other words, the assignment of a portfolio of mortgage loans originated by La Hipotecaria El Salvador (approximately 840 credits) in favor of a Guarantee Trust, organized and existing in accordance with the laws of the Republic of Panama.

The path, experience, and quality with which Arias works achieved the total success of the transaction together with the companies involved: Katten Muchin Rosenman LLP - USA Lawyers of the La Hipotecaria Group, Morgan & Morgan and ARIFA - Panamanian Lawyers.

Arias team involved in the transaction:

Ana Mercedes López – Partner

Mario Lozano – Senior Associate

Julissa Castro - Associate


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