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BLP expands its regional platform with a representative office in Venezuela. BLP announces the opening of a representative office in Venezuela in response to growing interest from regional and international clients and investors who are evaluating opportunities in the country. The move expands the firm's regional platform and strengthens its ability to support them with local knowledge, international standards and cross-border execution. In recent months, BLP has seen a sustained increase in companies' interest in exploring investment opportunities in Venezuela, particularly in sectors such as energy and hydrocarbons, mining, infrastructure, telecommunications, insurance, banking and finance and mergers and acquisitions. That interest comes with considerable regulatory complexity and risk, which calls for sophisticated legal advice to structure transactions properly. The opening of this office is a direct response to that demand. The firm, which has 36 partners and more than 200 lawyers, integrates its new Venezuelan capability with its presence in Central America and its representative offices in Spain and the United Arab Emirates, allowing clients to coordinate transactions across jurisdictions under a single standard of service. Operations in Caracas are scheduled to begin in November 2026. "Our decision to establish a representative office in Venezuela is driven by client demand. We are seeing growing interest from regional and international companies in exploring opportunities in the country, particularly in sectors such as energy, hydrocarbons, mining, infrastructure, telecommunications, insurance, banking and finance and mergers and acquisitions, among others. It is a market where the opportunity is significant, but so is the complexity, which is why we believe sophisticated legal advice will be key for those who decide to invest. This is a long-term commitment, backed by our regional platform," said Eduardo Calderón, the BLP Partner in charge of the new office. As part of the team, Luis Palacios, Director at BLP, will be based in Venezuela and will serve as one of the firm's main points of contact in the country. Palacios is a Venezuelan attorney who graduated from the Universidad Metropolitana de Venezuela and also studied at the Universidad de Costa Rica. He holds a master's degree in Environmental, Natural Resources and Energy Law from Lewis & Clark Colege in the United States and has experience advising multinational and regional companies on environmental, natural resources, energy and regulatory compliance matters. He is a founding member and treasurer of the Cámara de Empresarios Venezolano-Costarricense (Venezuelan-Costa Rican Business Chamber) and a member of the International Bar Association. "Venezuela is undergoing significant regulatory and economic changes in strategic sectors, in an environment where legal certainty and regulatory compliance remain central concerns for any investor. Our role is to help clients understand that context, rigorously assess the risks and structure their investments on a sound footing," said Palacios. The Venezuela opening reflects the principle that has guided BLP's expansion over the past decade: supporting its clients wherever they need it and strengthening its regional platform with a direct presence in the most strategically relevant markets.

BLP receives three recognitions at the LatinFinance 2026 Deal of the Year Awards. BLP is honored to share that several transactions in which the Firm had the privilege of advising have been recognized in the LatinFinance Deals of the Year Awards, highlighting impactful financing and sustainable finance work across Central America. These recognitions are especially meaningful to BLP group as they reflect the trust its clients have placed in BLP to support them in complex and transformative matters. BLP group is deeply grateful for their continued partnership and the opportunity to work alongside them across the region. This year, LatinFinance awarded Quasi-Sovereign Corporate High-Yield Bond of the Year to CEL's inaugural US$580 million Senior Unsecured Notes Issuance, and named El Salvador's US$1 billion Debt-for-Nature Conversion as Sovereign Sustainable Deal of the Year, recognizing one of the region's most innovative ESG-driven sovereign transactions. In addition, BLP received an Honorable Mention in connection with the Republic of Honduras' US$700 million 8.625% Notes due 2034, further underscoring the importance of sovereign capital markets activity in the region. Together, these awards highlight BLP's continued involvement in key areas such as: * Capital Markets * Sovereign & Quasi-Sovereign Finance * ESG & Sustainable Transactions BLP group sincerely thank its clients for the opportunity to accompany them in these landmark deals and for their ongoing trust. These recognitions also build on the Firm's recent achievements, including the awards received in October 2025 as Infrastructure Law Firm of the Year - Central America and Infrastructure Financing of the Year - Central America, for the San Cristóbal Green Academics and Sports Campus project in Guatemala. Learn more