Morgan & Morgan advised the Inter-American Development Bank respect to a loan in an aggregate principal amount of up to US$60 million

Morgan & Morgan advised the Inter-American Development Bank with respect to a loan granted by the Inter-American Development Bank, as lender, to the Corporación Interamericana para el Financiamiento de Infraestructura, S.A., as borrower, in the aggregate principal amount of up to US$ 60 million. The collateral granted by the borrower to guaranty the repayment of

Morgan & Morgan advised HSBC in the sale of its operation in Colombia

Morgan & Morgan advised HSBC Group with respect to Panamanian legal aspects related to the sale of its operation in Colombia to Banco GNB Sudameris, S.A., for US$400 million. This transaction is part of a border operation involving other South American countries (Peru, Uruguay and Paraguay). From Morgan & Morgan, partner Inocencio Galindo and associate

HSBC Sells Latin American Assets to Colombian bank Banco Davivienda

Morgan & Morgan advised HSBC Group, regarding Panamanian laws, in the sale of its local operation to Colombian financial institution Banco Davivienda, in three Central American countries: El Salvador, Honduras and Costa Rica. The banking group has agreed to an $801million (£513million) deal with Colombia’s Banco Davivienda. The sale includes 29 branches in Costa Rica,

Morgan & Morgan advises HSBC Bank plc, HSBC Bank (Panama) S.A., Caja de Ahorros and Banco Nacional respect a syndicated secured financing of US$259,836,370 for METROBUS project

Morgan & Morgan acted as a counsel for HSBC Bank plc, HSBC Bank (Panamá), S.A., Caja de Ahorros and Banco Nacional de Panamá, with respect to the syndicated secured financing for a bus rapid transport system for Panama City called “Metrobus”. This financing was structured under two credit facilities: (i) a term loan facility in

Morgan & Morgan advises HSBC Bank plc, HSBC Bank (Panama) S.A., Caja de Ahorros and Banco Nacional respect a syndicated secured financing of US$259,836,370 for METROBUS project

Morgan & Morgan acted as a counsel for HSBC Bank plc, HSBC Bank (Panamá), S.A., Caja de Ahorros and Banco Nacional de Panamá, with respect to the syndicated secured financing for a bus rapid transport system for Panama City called “Metrobus”. This financing was structured under two credit facilities: (i) a term loan facility in

Morgan & Morgan advised Inmet in a financing operation with Asian investor Temasek

Morgan & Morgan advised Inmet Mining Corporation (Inmet) in connection with Panamanian legal aspects related with the Temasek´s US$1 Billion investment in the project Cobre Panama, a US$6.18 Billion copper mining project. Temasek Holdings is an investment company owned by the government of Singapore and it is an active shareholder and investor in financial services,

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 provides legal advice to HSBC Leasing, S.A., regarding the registration of Revolving Notes for the amount of US$ 150,000,000.00

HSBC Leasing, S.A., a subsidiary of HSBC Bank (Panama), S.A., duly authorized by the Ministry of Commerce and Industry to provide financial services, registered Revolving Notes for the amount of U.S. $ 150,000,000.00 with the National Securities Commission of the Republic of Panama. HSBC Leasing, S.A. will issue said bonds periodically, in Series, and in

Morgan & Morgan advises Mapfre in a US$211 million insurance merger

Morgan & Morgan acted as Panamanian counsel to Mapfre in connection with a US$211 million insurance merger, in which Mapfre acquires 57 per cent of the shares of Aseguradora Mundial and Mundial Desarrollo de Negocio, subsidiaries from Grupo Mundial. This transaction makes Mapfre as Central America’s largest insurance company. The Firm assisted its client with

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