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Morgan & Morgan advised Carbon Streaming Corporation and Rubicon Capital LLC in connection with The Azuero Reforestation Project, one of the largest nature-based carbon removal initiatives in Central America.

Panama, May 21, 2024. Morgan & Morgan acted as local legal counsel to Carbon Streaming Corporation and Rubicon Capital LLC in relation to a Carbon Credit Stream Agreement by and between Azuero Reforestación Colectiva, S.A. (“ARC”), as Seller, and Microsoft Corporation, Rubicon Carbon Capital LLC, and Carbon Streaming Corporation, as Buyers. ARC is a wholly

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Morgan & Morgan advised Cirsa Finance International S.à.r.l. with the issuance of €650 million senior secured notes for debt restructuring.

Panama, February 13, 2024. Morgan & Morgan Legal acted as Panamanian legal counsel to Cirsa Finance International S.à.r.l. (the “Issuer”), in connection with the offering (the “Offering”) pursuant to the final offering memorandum dated January 30, 2024 (the “Offering Memorandum”) of €650,000,000 aggregate principal amount of Senior Secured Notes consisting of €450,000,000 6.500% Senior Secured

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Morgan & Morgan advised Sojitz Corporation in the acquisition of Grupo Sílaba.

Panama, February 20, 2024. Morgan & Morgan advised Sojitz Corporation in the acquisition of the shares of Silaba Motors (also known as “Grupo Sílaba”), a major automobile distributor operating in the Republic of Panama representing brands such as KIA, MAZDA, OMODA, JAECOO, KARRY, and NIU. As part of the transaction, Sojitz also acquired Grupo Sílaba’s

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Morgan & Morgan advised Desarrollo Inmobiliario del Este in corporate matters related to its Real Estate Investment Trust.

Panama, February 18, 2024. Morgan & Morgan advised Desarrollo Inmobiliario del Este, S.A. (“DIESA”) in the process of a changing their corporate structure to that of a Sociedad de Inversión Inmobiliaria (the Panamanian equivalent of a Real Estate Investment Trust or “REIT”), in order for DIESA to carry out an initial public offering of its

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Morgan & Morgan advised Mercandú in a capital raising round to expand its e-commerce platform in the region.

Panama, January 8, 2024. Morgan & Morgan acted as the Panamanian legal advisor for Mercandú, a startup based in El Salvador that operates the largest marketplace in the Central American region, offering over 500,000 products, in a capital raising round. The capital raising round took the form of issuing shares (equity-raising) in favor of two

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Morgan & Morgan advised Grupo Estrella with an acquisition finance and acquisition agreement related to a project in the energy sector.

Panama, December 6, 2023. Morgan & Morgan acted as legal counsel to Grupo Estrella in relation to an acquisition finance and acquisition agreement whereby through a newly incorporated Panamanian special purpose vehicle and a United Kingdom special purpose vehicle they obtained financing from a syndicated term loan granted by certain local banks to then acquire

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Morgan & Morgan advised Ithaca Capital Partners in a US$40 million registration of a revolving program of senior secured bonds.

Panama, December 1, 2023. Morgan & Morgan advised the Ithaca Trust in the registration of a revolving program of senior secured bonds (the “2023 Bonds”) for an amount of up to US$40,000,000 with the Superintendency of Capital Markets of Panama (the “SCM”) and their listing with the Latin American Stock Exchange (“Latinex”). The first three

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Morgan & Morgan advised Francisco Marroquin University in the registration of a US$100 million revolving program of corporate bonds.

Panama, November 13, 2023. Morgan & Morgan advised the UFM in the registration of a revolving program of corporate bonds (the “Bonds”) for an amount of up to US$100,000,000 with the Superintendency of Capital Markets of Panama (the “SCM”) and their listing with the Latin American Stock Exchange (“Latinex”). The Bonds may be issued in

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Morgan & Morgan advised Rhenus in connection with the acquisition of certain Panamanian subsidiaries of BLU Logistics.

Panama, October 2, 2023. Morgan & Morgan advised Rhenus, a leading global logistics specialist, in connection with the acquisition of certain Panamanian subsidiaries of BLU Logistics, a leading Latin American freight forwarder present in Argentina, Colombia, Ecuador, Mexico, Paraguay, and Uruguay, as well as in Mainland China and Hong Kong.  The firm served as local counsel

Morgan & Morgan advised Orla Mining Ltd. and Minera Cerro Quema, S.A. in connection with a secured credit facility for an amount of up to US$200 million.

Panama, August 29, 2023. Morgan & Morgan advised Orla Mining Ltd. (“Orla”), as borrower and Minera Cerro Quema, S.A., as guarantor (“MCQ”) with respect to a refinancing of an existing secured credit facility, increasing the facility from US$150 million to US$200 million and extending the term. The Refinancing includes a term facility and a revolving