Hogan Lovells advises Guatemalan bank on US$135 million DPR program issuance

Washington, D.C., 24 May 2022 — Global law firm Hogan Lovells and Mayora & Mayora S.C. in Guatemala advised Banco Industrial S.A. on an issuance from its diversified payments rights (DPR) securitization program. The US$135 million Series 2022-2 Fixed Rate Notes were issued by Industrial DPR Funding Ltd., the program's special purpose company issuer.

The Hogan Lovells team was led by New York capital markets partner Emil Arca, associate Lauren Kimmel and law clerk Zachary Suggs. The transaction follows a March issuance of US$195 million from Banco Industrial’s DPR program.

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