{"id":14569,"date":"2020-11-09T10:50:47","date_gmt":"2020-11-09T16:50:47","guid":{"rendered":"https:\/\/garciabodan.com\/?p=14569"},"modified":"2025-08-11T19:59:26","modified_gmt":"2025-08-11T17:59:26","slug":"garcia-bodan-steers-usd-15-million-loan-for-nicaraguan-cocoa-operations-2","status":"publish","type":"post","link":"https:\/\/garciabodan.com\/en\/garcia-bodan-steers-usd-15-million-loan-for-nicaraguan-cocoa-operations-2\/","title":{"rendered":"Garc\u00eda &#038; Bod\u00e1n steers USD 15 million loan for Nicaraguan cocoa operations"},"content":{"rendered":"Garc\u00eda &amp; Bod\u00e1n acted as Nicaraguan counsel to the Land Degradation Neutrality Fund SLP (LDNF), a special limited partnership registered under Luxembourg law, acting through MIROVA S.A., a public limited company incorporated under the laws of France, appointed as the LDNF\u00b4s alternative investment manager, in connection with the formalization of a secured term loan facility of up to USD 15 million, among LDNF and Cacao Oro de Nicaragua Agro Nica y CO LTDA, a company registered in Nicaragua; Cacao Oro de Nicaragua Agr\u00edcola, Sociedad An\u00f3nima, the main Security Provider; and others acting as Special Security Providers.\n\nThe purpose of the facility is to finance Cacao Oro\u2019s activities and that of its Subsidiaries, mainly in respect of:\n<ul>\n \t<li>The planting of cocoa and coffee trees and their maintenance<\/li>\n \t<li>The construction of postharvest facilities<\/li>\n \t<li>The provision of continuing technical assistance and inputs to support neighboring farmers<\/li>\n \t<li>The harvesting of cocoa, and its logistics, sales, and marketing activities.<\/li>\n<\/ul>\nGarc\u00eda &amp; Bod\u00e1n provided counsel on all matters related to the all-asset pledges to be provided in Nicaragua to secure the loan facility, including due diligence, wording, and formalization.\n\nThe legal advice to LDNF\/MIROVA was carried out by Managing Partner Federico Gurdi\u00e1n, in coordination with French counsel Gide Loyrette Nouel A.A.R.P.I.\n\n&nbsp;","protected":false},"excerpt":{"rendered":"<p>The CNBS approved regulatory measures of an exceptional nature, with the objective of contributing to the rehabilitation and reactivation of the national economy.<\/p>\n","protected":false},"author":10,"featured_media":14533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-14569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/14569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/comments?post=14569"}],"version-history":[{"count":1,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/14569\/revisions"}],"predecessor-version":[{"id":40172,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/14569\/revisions\/40172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/media\/14533"}],"wp:attachment":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/media?parent=14569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/categories?post=14569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/tags?post=14569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}