Morgan & Morgan advised Seven Seas Water Corporation in connection with a US$163 million finance.
Panama, June 26, 2020. Morgan & Morgan represented Seven Seas Water Corporation (“Seven Seas”) in a US$163,000,000.00 financing with Deutsche Bank AG and Comvest Credit Partners, as lenders, and subsequent acquisition, through affiliate AquaVenture Capital Limited, Sembcorp Investments Limited, which wholly owns Aguas de Panamá, S.A. (“APSA”). Seven Seas is a portfolio of desalination and
Morgan & Morgan advised MMG Bank Corporation in connection with the first ever financing granted to a Fintech company in Panama
Panama, January 29, 2020. Morgan & Morgan advised MMG Bank Corporation as collateral trustee of a credit facility granted by a private investment fund to Adelantos Capital Corp. Adelantos Capital Corp. is the first financial institution in Panama who runs its entire operation by electronic means and is dedicated to grant micro-credits in the country
- Published in Banking Law, expertise, Pablo Epifanio
Morgan & Morgan advised in connection with a Senior Secured Convertible Securities Purchase Agreement for an amount of up to US$50 million
Panama, January 9, 2020. Morgan & Morgan acted as Panamanian counsel to Avianca Holdings, S.A., Latin Airways Corp., Taca, S.A., AV International Investments, S.A., AV International Holdings S.A., AV International Holdco S.A., AV International Ventures S.A., AV TACA International Holdco, S.A., and Aviacorp Enterprises, S.A., as Note Parties in connection with the transactions contemplated by
Morgan & Morgan advised Minera Cerro Quema in connection with a credit facility for an amount of up to US$125 million
Morgan & Morgan advised Minera Cerro Quema, S.A. as guarantor of a credit facility granted to its holding company Orla Mining Ltd. (TSX: OLA) by Trinity Capital Partners Corporation and certain other lenders with respect to its previously announced US$125,000,000.00 project finance facility for the development of the “Camino Rojo” Oxide Gold Project located in
- Published in Banking Law, expertise, Roberto Vidal
Morgan & Morgan advised IDB Invest in connection with a loan facility to Global Bank Corporation
Morgan & Morgan advised IDB Invest, a worldwide financial institution with presence in Latin America and the Caribbean region, in connection with a loan facility granted to Global Bank Corporation for an amount of up to US$60,000,000.00 (with an option for further supplements). Up to 70% of the proceeds of the loan will be used
- Published in 2019, Banking Law, expertise, Ramon Varela
Morgan & Morgan advised The Goldman Sachs Group Inc. in the negotiation of a Security Purchase Agreement with McDermott International, Inc.
Panama, December 7, 2018. Morgan & Morgan represented certain investment funds managed by the Merchant Banking Division of The Goldman Sachs Group Inc. (“Goldman Sachs”) in the negotiation of a Security Purchase Agreement pursuant to which Goldman Sachs acquired for US$300 Million, 12% Redeemable Preferred Stock of McDermott International, Inc., a Panamanian corporation (the “Company”),
- Published in 2018, Banking Law, expertise, Francisco Arias, Roberto Vidal
Morgan & Morgan advised Alta Cordillera in connection with a credit facility agreement
Morgan & Morgan acted as special Panamanian counsel to Alta Cordillera, S.A., in connection with a credit facility agreement granted by PDS Gaming-International, LLC, M&G Illiquid Credit Opportunities Fund Limited and M&G Illiquid Credit Opportunities Fund II Limited, as lenders, to Alta Cordillera and Codere Newco, S.A.U., as borrowers. PDS Gaming LLC acted as arranger,
- Published in 2018, Banking Law, expertise, Inocencio Galindo, Roberto Vidal
Morgan & Morgan advised Banisi, S.A. and MMG Bank Corp. in the structuring of a program of revolving corporate bonds for an amount of up to US$50 million
. Morgan & Morgan advised Banisi, S.A., a bank with general license to perform banking business in Panama, and MMG Bank Corporation in the structuring of a program of revolving corporate bonds for US$50,000,000. The bonds were registered with the Superintendency of Capital Markets of Panama. The issuer of the bonds is Banisi, S.A. and
Morgan & Morgan advised First Quantum Minerals in connection with a US$850 million Senior Notes Offering
Morgan & Morgan acted as Panamanian counsel to First Quantum Minerals Ltd., in connection with the offer of up to US$850 million in aggregate principal amount of 7.50% Senior Notes pursuant to Rule 144A and Regulation S. First Quantum Minerals Ltd. has a global portfolio of mining assets located in Australia, Finland, Mauritania, Panama, Peru,
- Published in Banking Law, Inocencio Galindo, Mining, Roberto Vidal, Securities and Capital Markets
Morgan & Morgan advised HSBC Bank (Panama), S.A. in Master Assignment Agreement for an amount of up to US$35 million
Morgan & Morgan advised HSBC Bank (Panama), S.A. as assignee and administrative agent as well as local collection agent, in a Master Assignment Agreement for an amount of up to US$ 35,000,000.00 of certain credit rights of Constructora Meco, S.A., as assignor. Constructora Meco, S.A. assigned under master and ancillary assignment documents, all its collection
- Published in 2017, Banking Law, expertise, Francisco Arias, Kharla Aizpurua