Chambers & Partners Corporate Tax Guide 2020

Panama, May 19, 2020.  Partner Inocencio Galindo, senior associate Amanda Barraza, and associate Angelica Ortiz contributed with Chambers & Partners Corporate Tax Guide 2020. This edition highlights the key features of tax regimes, taxation of inbound investments, taxation of non-local corporations, anti-avoidance and BEPS.The online Panama chapter is available here. Or a PDF version is available

Morgan & Morgan advised First Quantum Minerals Ltd. in connection with a Senior Notes Offering for an amount of up to US$750 million

Panama, January 13, 2020. Morgan & Morgan acted as Panamanian counsel to First Quantum Minerals, Ltd. in its offering (under Rule 144A of the U.S. Securities Regulation) of US$500,000,000 in aggregate principal amount of 7.250% senior notes due 2023, and US$250,000,000 in aggregate principal amount of 7.500% senior notes due 2025. Partners Inocencio Galindo and

Morgan & Morgan advised in the acquisition of Cemento Interoceanico, S.A.

Panama, November 15, 2019. Morgan & Morgan acted as counsel to the majority shareholders of Cemento Interoceanico, S.A., a Panamanian company dedicated to the production, commercialization and distribution of cement, concrete and derivative products, with respect to the sale of 75% of the issued and outstanding shares of the company to Cemento de Panama S.L.

Morgan & Morgan Partners recommended by the Latin American Corporate Counsel Association (LACCA)

Panama, January 2, 2019. Partners Inocencio Galindo (Banking and Finance), Francisco Arias (Corporate / M&A), Carlos Ernesto Gonzalez Ramirez (Antitrust) and Mercedes Arauz de Grimaldo (Labor) have been recognized at LACCA Approved 2019, a selection of Latin American leading lawyers in specific areas of law.  Approved lawyers have been personally recommended by members of the

Morgan & Morgan advised the Hitachi, Ltd., Mitsubishi Corporation, and Ansaldo STS, S.p.A. with an Agreement to provide a monorail system for Line 3 of the Metro of Panama

Morgan & Morgan advised the Hitachi, Ltd., Mitsubishi Corporation, and Ansaldo STS, S.p.A., in connection with an Agreement signed with Metro de Panamá, S.A., a corporation 100% owned by the Republic of Panama, regarding the participation of this  group of companies that, led by Hitachi, Ltd., shall perform the works of the Nominated Subcontractor under

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,

Morgan & Morgan contributed in the Chambers & Partners Mining Guide 2018

Partner Inocencio Galindo and senior associate Aristides Anguizola contributed with the Panama chapter of Chambers & Partners Mining Guide 2018.  In this edition, expert attorneys in the mining sector summarized the key aspects and developments in fourteen jurisdictions. The complete guide is available here

Morgan & Morgan advised First Quantum Minerals Ltd. in the offering of senior notes for an amount of up to US$1.85 Billion

Morgan & Morgan acted as Panamanian legal counsel to First Quantum Minerals Ltd., in connection with the offer of up to US$850,000,000.00 in aggregate principal amount of 6.500% senior notes due 2024 and up to US$1,000,000,000.00 in aggregate principal amount of 6.875% senior notes due 2026.  The issuance was agreed pursuant to the terms and

Morgan & Morgan advised MMG Bank Corporation in the structuring of a program of revolving corporate bonds for an amount of up to US$100 million

Morgan & Morgan advised MMG Bank Corporation in the structuring of a program of revolving corporate bonds for US$100,000,000 of Corporacion Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI). The bonds were registered with the Superintendency of Capital Markets of Panama. The issuer of the bonds is CIFI and MMG Bank acted as arranger and

Morgan & Morgan advised MMG Bank Corporation in the structuring of a program of revolving short-terms notes for an amount of up to US$50 million

Morgan & Morgan advised MMG Bank Corporation in the structuring of a program of revolving short-term notes for US$50,000,000 of Corporacion Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI). The short-term notes were registered with the Superintendency of Capital Markets of Panama. The issuer of the short-term notes is CIFI and MMG Bank acted as