Becker Glynn Represents FMO and DEG in $30 Million Equity Investment in Honduran Bank

The Firm represented International Finance Corporation (IFC), the private sector arm of the World Bank Group, in connection with the successful placement by Mexico’s Banco Compartamos and its shareholders of $467 million in Series O shares, representing the bank’s social capital. IFC is the third-largest shareholder in Banco Compartamos.

The transaction was the first of its kind in Mexico and the largest in the microfinancing sector.

The Firm’s representation of IFC included providing advice and assistance during negotiations and review of relevant documentation in connection with the share placement.