Fernando Velasco

Partner

PRACTICE AREAS

languages

Spanish

Fernando is a partner in ALTA El Salvador. He has been a professor of stock market law and general theory of the process at the José Matías Delgado University. He focuses on securities, banking, corporate, commercial, financial, and mergers and acquisitions law.

He collaborated in the period 2004-2005 as an advisor in the legal advisory group of the legal secretary of the Presidency of the Republic for the preparation of the proposal for the Investment Funds Law and the Securitization Law. He is also an ad honorem advisor to the Association of Coffee Beneficiaries and Exporters.

His focus is on securities, banking, corporate, commercial, financial and mergers and acquisitions law. He has extensive experience in structuring financing, national and international contracting, mediation, securities issuance, Public Acquisition Offers (OPAs) for local and foreign entities, as well as providing corporate and regulatory advice to banks and private companies operating in the country.

He participated and advised the structuring of the first Public Acquisition Offer (OPA) in El Salvador, as well as the subsequent ones carried out in El Salvador in the banking sector (including the acquisition of two main banks in the country), telephone and energy sectors. He also participated in advising financial conglomerates and actively provided advice to companies in the Salvadoran financial sector.

Advises multinational companies related to the field of renewable energy generation regarding their participation in bidding processes with emphasis on photovoltaic and hydroelectric energy generation projects. Provides tax advice on obtaining tax benefits for foreign and national companies that invest in the renewable energy sector in El Salvador and advises international companies dedicated to the administration of public service concessions with emphasis on participation in tenders or in mixed economy companies incorporated in the country.

He was a member of the legal management of Banco Desarrollo, now Banco Agrícola, until 2000. Likewise, he was an external advisor for contracting and granting financing for several local banks and currently advises Salvadoran companies in the industrial, financial, agricultural, and maquila.

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