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Baker McKenzie client Credicorp Ltd. has announced that its subsidiary, Banco de Crédito del Perú (BCP), has entered into an agreement to acquire 100% of the issued and outstanding shares of Helm Bank USA for USD 180 million, subject to customary price adjustments at closing.

Helm Bank, a Florida state-chartered community bank, reported USD 1.1 billion in assets and USD 106.8 million in shareholders’ equity as of September 30, 2025. The acquisition aligns with Credicorp’s strategy to enhance its cross-border capabilities by serving internationally active clients and bolsters its ability to meet the growing needs of Latin American clients while preserving Helm Bank’s legacy as a community-focused institution.

Led by New York/Miami-based M&A and Capital Markets Partners Federico Cuadra Del Carmen and Steven Canner, the core Baker McKenzie team includes:

M&A and Capital Markets: Laura Estrada (New York), Zach Bassen (New York), Santiago Corcuera (New York), Adam Buehler (Miami), Zach Bethel (New York), Jaime Trujillo (Bogotá), Ricardo Trejos (Bogotá), Francisco Munoz (Bogotá), Vedant Sharma (New York)

Tax: Kai Kramer (Houston), Ross Staine (Houston), Glenn Fox (New York)

Employment & Benefits: Christopher Guldberg (Chicago), Annika Morin (Chicago), Kimberly Franko (New York), Danielle Gibbons (New York), Mecole Tate (San Francisco), Daniela Lievano (Bogotá), Victoria Moreno (Bogotá)

Intellectual Property: Pamela Church (New York), Alysha Preston (New York), Marcela Pertusi Hernández (New York)

Data Privacy: Cristina Messerschmidt (Chicago)

Real Estate: Sarah Winston (Chicago), Paulina Timmer (New York)

Finance: Angie Muñoz (Bogotá)

“A heartfelt congratulations to the entire Credicorp deal team on this historic transaction, we at Baker are incredibly honored to have been entrusted with this momentous multijurisdictional mandate with such strategic importance,” said Federico reflecting on the transaction.

A transactional powerhouse with more than 2,700 deal lawyers in more than 40jurisdictions, Baker McKenzie is a market-leader in cross-border transactions. The team provides broad market, sector and legal know-how in Latin America, advising on some of the most significant transactions and legal matters in the region. Working closely across practice groups and offices, they group helps clients capitalize on business, trade and investment opportunities in Latin America and execute their global growth strategies.