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Vouga Abogados advised CAF - Development Bank of Latin America and the Caribbean, in the granting of a USD 50 million credit facility to the Financial Development Agency (AFD for its acronym in Spanish), which is the sole second-tier public bank in Paraguay. The funds obtained by the AFD will be used to finance working capital, investments, economic activities linked to the agro-industrial sector, foreign trade operations, and partial guarantees for AFD bond issuances.

The firm's role encompassed negotiating the credit line contract with the state entity, drafting financing documents, and conducting due diligence for the AFD. 

Cynthia Fatecha and Carlos Vouga led the team in providing guidance, supported by associates Belén Rodríguez and Lucas Rolón.

For further information regarding this transaction or other topics related to Banking & Finance, please feel free to contact Carlos Vouga (
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