FERRERE advised Grupo Vázquez and U Holdings S.à r.l. on all aspects related to acquisition of a share stake in the holding by OTP Bank Plc., a leading European financial group.
FERRERE’s work included structuring and negotiating the transaction, as well as coordinating and analyzing applicable local regulations.
The investment, totaling USD 30 million, was structured at the level of the holding, which allowed OTP Bank to participate in the group’s capital without altering the operations of the regulated entities. The structure is in line with international rules on corporate governance, regulatory compliance and tax planning.
It is a significant transaction for the local market, in that it represents a direct European investment in a holding company with primary assets in Paraguay, in a context of growing interest among international institutional investors following the country’s achievement of an investment grade rating.
Beyond the capital injection, OTP Bank’s inclusion brings experience in regional expansion, digital transformation and scalability in banking models, positioning U Holdings as a relevant regional actor in the financial market.
The FERRERE team was led by partners Carlos Codas and Carlos Vasconsellos.