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Morgan & Morgan advised Banistmo Investment Corporation, S.A. on the financial closing of the Eastern Pan-American Highway Rehabilitation Project.

Panama, January 7, 2026. Morgan & Morgan advised Banistmo Investment Corporation, S.A. in its role as: (i) trustee of the guarantee trust for financing and (ii) trustee of the trust required under applicable regulations for the Eastern Pan-American Highway Rehabilitation Project. This Project is one of the most important public infrastructure projects currently underway in

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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

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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

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Morgan & Morgan advised Grupo Estrella on the acquisition of Cemex Panama.

Panama, October 3, 2025. Morgan & Morgan acted as legal counsel to Grupo Estrella in the acquisition of Cemex Panama’s assets, a transaction valued at over US$200 million. The deal included the Cemento Bayano plant, located in Calzada Larga, Chilibre, with two integrated production lines, as well as cement, ready-mix concrete, and aggregates operations. Grupo Estrella,

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Morgan & Morgan advised Inversiones Cuscatlán Centroamérica S.A. on the acquisition of La Hipotecaria (Holding) Inc.

Panama, September 11, 2025. Morgan & Morgan acted as legal advisor to Inversiones Cuscatlán Centroamérica, S.A. (Inversiones Cuscatlán), as purchaser, in the closing of the transaction for the acquisition of 100% of the shares of La Hipotecaria (Holding), Inc., the holding company of Banco La Hipotecaria, S.A. and other operations in Colombia, El Salvador, and the

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Morgan & Morgan advised Venasty Assets Corp. in the negotiation of an agreement to subscribe shares that represent a controlling interest in Grupo Bandelta Holding Corp., parent company of Banco Delta

Panama, June 30, 2025. Morgan & Morgan acted as legal counsel to Venasty Assets Corp., a Panamanian investment group led by Juan E. Melillo and Sergi Lucas Fernández, in connection with the negotiation and signing of a private share subscription agreement through which Venasty agreed to subscribe a majority stake in Grupo Bandelta Holding Corp.

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Morgan & Morgan advised Mercantil Bank (Schweiz) AG on the establishment of its representative office in Panama.

Panama, July 30, 2025. Morgan & Morgan advised Mercantil Bank (Schweiz) AG, a Swiss entity specializing in private banking and wealth management, throughout the process of obtaining its Representative Banking License from the Superintendency of Banks of Panama (SBP). This license enables the bank to establish a representative office in Panama and carry out activities

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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

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Morgan & Morgan advised Sojitz Corporation on the acquisition of Petroautos, S.A., authorized Hyundai distributor in Panama.

Panama, June 11, 2025. Morgan & Morgan acted as legal counsel to Sojitz Corporation in the acquisition of 100% of the shares of Petroautos, S.A., the exclusive distributor of the Hyundai brand in Panama. With over 30 years of experience, Petroautos has established itself as one of the leading players in the Panamanian automotive sector,