Becker Glynn represents International Finance Corporation in $21 Million Financing of Cruise Ship Terminal Expansion in Dominican Republic

The Firm represented International Finance Corporation (IFC), the private sector arm of the World Bank Group, in connection with a $21 million long-term financing of Sans Souci Ports, S.A. (Sans Souci) that was concluded in May 2007.

The loan provided by IFC will be used by Sans Souci to renovate and expand the existing infrastructure at the Sans Soucí and Don Diego cruise ship terminals in Santo Domingo, Dominican Republic.

The Firm’s representation of IFC included advice and assistance during negotiations and drafting of the loan agreement and related documentation.