Morgan & Morgan advised Mercantil Holding Financiero Internacional, S.A. in the acquisition of the remaining minority equity interest of Mercantil Capital, S.A. completing 100% ownership of Mercantil Banco, S.A.
Morgan & Morgan advised Mercantil Holding Financiero Internacional, S.A. (“MHFI”), in the acquisition of the remaining minority equity stake in Mercantil Capital, S.A. (“Mercantil Capital”), the holding company that owns 100% of the shares of Mercantil Banco, S.A. (“Mercantil Banco”). As a result of this transaction, MHFI consolidated full ownership of Mercantil Capital and, consequently,
- Published in Monica Moreno, Ana Castillo, Francisco Arias, News, Ramon Varela, Roberto Vidal
Morgan & Morgan advised Avanzalia Panamá, S.A. on a secured bond issuance of up to US$100 million strengthening the financial structure of Penonomé I, Central America’s largest solar photovoltaic plant.
Morgan & Morgan advised Avanzalia Panamá, S.A. (“Avanzalia” or the “Issuer”) in connection with the registration before Panama’s Superintendencia del Mercado de Valores (“SMV”) of a US$100 million Corporate Bond Revolving Program and the successful placement of its US$90 million Senior Series A Bonds. The offering was authorized by SMV Resolution No. SMV-233-25 dated June
- Published in Miguel Arias_exp, Ana Castillo, News, Ramon Varela
Morgan & Morgan advised on the closing of Grupo Financiero BSC’s acquisition of Banistmo.
Morgan & Morgan acted as legal counsel to Grupo Financiero BSC (formerly, Inversiones Cuscatlán Centroamérica, S.A.) (“Grupo BSC”) and subsequently to Banco La Hipotecaria, S.A. (“Banco La Hipotecaria”), a member of Grupo BSC’s economic group, in connection with the closing of the acquisition of Banistmo, S.A. (“Banistmo”). The Firm advised on the transaction from the
Morgan & Morgan advised on one of the most significant capital markets transactions in the Central American and Caribbean energy sector
Morgan & Morgan acted as Panamanian legal counsel to Generadora de Gatún, S.A. (“Gatún”) in a landmark international bond issuance in an aggregate amount of US$1.05 billion, structured under Rule 144A / Regulation S. The issuance was registered with the Panamanian Superintendency of the Securities Market (Superintendencia del Mercado de Valores) and listed on the
Morgan & Morgan advised Inversiones Cuscatlán Centroamérica, S.A. on the acquisition of Banistmo, S.A.
Panama, December 19, 2025. Morgan & Morgan acted as legal counsel to Inversiones Cuscatlán Centroamérica, S.A. in connection with the execution of a promissory share purchase agreement, entered into by and between Grupo Cibest, S.A., as seller, and Inversiones Cuscatlán Centroamérica, S.A., as purchaser, for one hundred percent (100%) of the issued and outstanding shares
- Published in Ana Castillo, Allen Candanedo, Eduardo Oteiza, expertise, Katia Pallares, Roberto Vidal, Sophia A. Lee
Morgan & Morgan advised Electron Investment, S.A. on strategic refinancing and bond issuance for US$175 million.
Panama, December 5, 2025. Morgan & Morgan represented Electron Investment, S.A. (“EISA”) in structuring and negotiating a bridge financing granted by BAC International Bank, Inc., the proceeds of which were used for the early redemption of corporate bonds issued in 2020 through the Latin American Stock Exchange (Latinex). Once the existing bonds were canceled, Morgan
Morgan & Morgan advised Banco Davivienda Panamá on historic integration with Scotiabank in Panama.
Panama, December 1, 2025. Morgan & Morgan acted as legal counsel to Banco Davivienda Panamá in the successful closing of a landmark transaction involving the integration of Scotiabank Panamá’s operations (The Bank of Nova Scotia) into Banco Davivienda Panamá. This transaction extends beyond Panama, as Scotiabank’s operations in Costa Rica and Colombia will also be
Morgan & Morgan outstands in Chambers Latin America 2026.
Panama, August 23, 2025. Once again, Morgan & Morgan consolidates its position as the leading law firm in Panama in Chambers Latin America Guide 2026, the key reference point of Latin American top law firms. The firm achieved 18 top individual rankings in 7 practice areas, the highest number for a Panamanian law firm. The
- Published in News, Allen Candanedo, Ana Castillo, Francisco Arias, Francisco Linares, Inocencio Galindo, Jazmina Rovi, Jose Carrizo, Juan David Morgan Jr, Kharla Aizpurua, Luis Raven, Luis Vallarino, Mayte Sanchez, Monica Moreno, Omar Rodriguez, Orlando Tejeira, Ramon Varela, Roberto Vidal, Rodrigo Arias
Morgan & Morgan advised on the structuring of a US$100 Million Revolving Corporate Bond Program.
Panama, June 23, 2025. Morgan & Morgan provided legal counsel in connection with the public offering of a Revolving Corporate Bond Program for US$100,000,000.00. The bonds registered with the Superintendency of Capital Markets (SCM) of Panama and listed on the Latin American Stock Exchange (Latinex). The transaction was structured to refinance existing third-party debt and
Morgan & Morgan Ranked Among Top 10 Law Firms in Central America by Lexology Index 2025
Panama, June 10, 2025. Morgan & Morgan has once again been recognized as one of the top law firms in Central America, earning a place among the Top 10 firms in the Lexology Index Central America Report 2025 (formerly Who’s Who Legal). The firm also leads the Panama section with the highest number of individual recognitions for a Panamanian law firm. This
- Published in News, Albalira Montúfar, Allen Candanedo, Ana Castillo, Carlos Ernesto Gonzalez, Fanny Evans, Francisco Arias, Francisco Linares, Inocencio Galindo, Jazmina Rovi, Jose Carrizo, Juan David Morgan Jr, Kharla Aizpurua, Luis Manzanares, Luis Vallarino, Mayte Sanchez, Ramon Varela, Ricardo Aleman, Rishi Mungal, Rodrigo Arias, Simon Tejeira






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