Morgan & Morgan provided legal advise to Panama Ports Company, S.A (a subsidiary of Hutchison Port Holdings) and HSBC to implement a Sale and Lease Back for an amount up to US$260,000,000.00

With legal basis in local Panama laws, Panama Ports Company, S.A, as Seller and Lessee and Far East Leasing, as trustee of the FEPC Leasing Trust, as Buyer and Lessor, for the benefit of an indirect lessor affiliated with the Hong Kong and Shanghai Banking Corporation Limited, entered into an Agreement for the Purchase and

Morgan & Morgan represented Credit Suisse in US$2,250 million transaction

Morgan & Morgan advised Credit Suisse Securities (Europe) in the issuance and sale of up to US$2,250,000,000 aggregate principal amount of Euro Medium Terms Notes of the Banco Latinoamericano de Comercio Exterior S.A. (Bladex). Application will be made to list the notes on the official list of the Luxembourg Stock Exchange for trading on the

Morgan & Morgan advised HBSC in a US$60 million loan to the development of hydroelectric project

Morgan & Morgan represented HSBC Bank (Panama), S.A., as Administrative Agent and Lender in a US$60 million bridge loan facility granted to Ideal Panama, S.A., a subsidiary of Impulsadora del Desarrollo y el Empleo en America Latina, S.A. de C.V. (IDEAL), for the construction of a 87 MW hydroelectric power generation facility (Baitún Project) and

Morgan & Morgan represented AES Corporation in Changuinola I Hydroelectric Project

Morgan & Morgan continue to advise its client, AES CHANGUINOLA, S.A., an affiliate of Arlington, VA-based The AES Corporation, in the development of the Changuinola I Hydroelectric Project, located in the Province of Bocas del Toro. Currently, the Changuinola I Project is the largest infrastructure project under construction in Panama after the Panama Canal Expansion

Morgan & Morgan represented Panama Ports Company in a US25,000,000.00 International Arbitration

A Tribunal of the International Court of Arbitration of the International Chamber of Commerce (ICC), with headquarters in Paris, comprised by three arbitrator appointed by said Court, rejected through a final arbitration award, already executed, all the claims formulated by Astilleros Braswell International S.A., against Panama Ports Company and the Maritime Authority of Panama. Astilleros

Morgan & Morgan advises IFC, JBIC, EIB, IDB and CAF in connection with a US$ 2.3 billion loan to finance the Panama Canal Expansion

Morgan & Morgan acted as local counsel to International Financial Corporation (IFC), Japan Bank for International Cooperation (JBIC), The European Investment Bank (EIB), Inter American Development Bank (IDB) and Andean Development Corporation (CAF), in connection with a US$2.3 billion syndicated loan unsecured credit facility to finance the expansion of the Panama Canal. Francisco Arias G.

Morgan & Morgan provided legal counsel to La Hipotecaria, S.A. regarding cross-border securitization of mortgage loans and public offering of mortgage bonds for up to US$12,500,000.00

La Hipotecaria, S.A. as trustee of the Ninth Trust of Mortgage Loan Bonds, registered mortgage loans bonds for an amount of up to US$12,500,000.00 before the National Securities Commission of the Republic of Panama, which have also been successfully placed through Panama’s Stock Exchange. Payments due to holders of said bonds are secured by a

Morgan & Morgan advise AES El Salvador in US$300 million bonds issuance

On February 14, 2006, global power company AES issued US$300 million worth of bonds in the international market, guaranteed by four electricity distribution companies it controls in El Salvador. This issuance was the first by a private company to be guaranteed in this way originating from Central America. It was also the first investment grade