Dentons advised Namu Travel, one of the most successful online travel agencies in Central America, in obtaining a revolving loan with IDB Invest.
This transaction represents a ground-breaking initiative to boost the tourism sector, as it will allow tourism service providers to access capital to strengthen their financial capacity and business growth. We have helped provide more affordable financing to companies which are improving and reshaping the world. Dentons advised Namu Travel during all the transaction’s stages including the structuring, negotiation and closing to ensure the success of the deal.
Rob Harper, co-owner of Namu Travel expressed, “I really enjoyed working with Dentons during this process. They did an outstanding job.”
JosĂ© Antonio Muñoz, Dentons Central America’s president and managing partner commented, “We are excited to have devised and implemented this financial solution that exceeds legal advice, which contributes to the growth of our client’s multinational businesses and their suppliers, while strengthening sustainability and responsible tourism policies.”
In turn, Pamela Contreras added: “It was a pleasure to advise our client, and we appreciate the trust they have placed in us to participate in this transaction, which will benefit small and medium-sized suppliers in the tourism sector to strengthen their finances and grow their businesses. It is important to highlight that our participation in all stages of this transaction is a perfect example of what Dentons represents and can bring to its clients. We provide innovative solutions to their needs by supporting their business and the markets in which they operate.”
Pamela Contreras (Corporate Director), who has extensive experience in Banking and Finance, led this transaction and worked together with José Antonio Muñoz, President and Managing Partner of Central America.