Morgan & Morgan promotes new partners

Panama, January 5, 2019. Morgan & Morgan is pleased to announce the promotion of attorneys Roberto Vidal, Kharla Aizpurua Olmos and Luis Raven to the partnership of the firm. Mr. Vidal has over 10 years of experience advising domestic and foreign clients in complex transactions related to mergers and acquisitions, project finance, finance, securities regulation,

Morgan & Morgan advised Banco La Hipotecaria, S.A. in the structuring of its first covered bond program

Morgan & Morgan advised Banco La Hipotecaria, S.A. (BLH) in the structuring of its first covered bond program from which BLH may issue covered bonds pursuant to Rule 144A and Regulation S of the Securities Act of 1933 in series, from time to time, up to a maximum aggregate nominal amount of US$200,000,000. The issuer

Kharla Aizpurua Olmos, member of the boards of foundations WIP Panama and Dona Felicidad

Panama, July 31, 2018. For the second consecutive year, Ms. Kharla Aizpurua Olmos, Senior Associate of Morgan & Morgan, has been appointed as member of the Board of Directors of Fundacion WIP Panama. She has also been designated as member of the Board of Directors of Fundacion Dona Felicidad. WIP Panama is an organization established

Morgan & Morgan advised Banistmo Investment Corporation with respect to the financing of the first LNG terminal in Panama

Morgan & Morgan advised Banistmo Investment Corporation, S.A. as holder of local collateral of several energy projects and the most recent being the Gas Natural Atlantico, S. de R.L. and Costa Norte LNG Terminal S. de R.L. LNG project locate in the province of Colon, Panama, which is an  approximately US$600 million financing. This is

Morgan & Morgan advised Banco General, S.A. and Banistmo, S.A. in the structuring of an issuance of corporate bonds for an amount of up to US$320,000,000 carried out by Alternegy, S.A.

Morgan & Morgan advised Banco General, S.A. and Banistmo, S.A. in the structuring of an issuance of corporate bonds for an amount of up to US$320,000,000 carried out by Alternegy, S.A. The bonds were issued by Alternegy, and Banco General and Banistmo acted as joint arrangers and underwriters of the bonds. The bonds were registered

Morgan & Morgan advised HSBC Bank (Panama), S.A. in Master Assignment Agreement for an amount of up to US$35 million

Morgan & Morgan advised HSBC Bank (Panama), S.A. as assignee and administrative agent as well as local collection agent, in a Master Assignment Agreement for an amount of up to US$ 35,000,000.00 of certain credit rights of Constructora Meco, S.A., as assignor. Constructora Meco, S.A. assigned under master and ancillary assignment documents, all its collection

Morgan & Morgan advised Grupo CAABSA in connection with the asset purchase acquisition of Soho Mall

Morgan & Morgan acted as local counsel to Grupo CAABSA, in connection with the asset purchase acquisition of Soho Mall, by a consortium group comprised of Mexican companies, i.e. by Grupo CAABSA and Grupo Citelis.  Grupo CAABSA is a Mexican business group, which is the operator of one of the main shopping centers in Mexico.

Morgan & Morgan advises Banco Inbursa in the purchase and assignment of Credits Master Agreement for a value of US$415 millions

Morgan & Morgan advised Banco Inbursa, S.A., Institucion de Banca Multiple, as buyer in the master agreement for the purchase and assignment of non-recourse credits through an evolving discount purchase facility for a value of US$ 415,000,000.00 of certain specific credit rights of Consorcio Linea 2 de Metro de Panama, comprised of FCC Construccion, S.A.

Morgan & Morgan advised the Republic of Panama, Merrill Lynch, Pierce, Fenner & Smith Inc. and Morgan Stanley & Co. LLC in a tender offer of U.S. Global Bonds

Morgan & Morgan acted as Panamanian legal counsel to Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC, with respect to a tender offer by the Republic of Panama to bondholders of 3.875% Global Bonds due March 17, 2018, up to an additional US$253,988,000 aggregate principal amount of said 3.875% Global

Morgan & Morgan advised Ufinet with respect to the acquisition of the telecommunications business of IFX Networks and its subsidiaries

Morgan & Morgan acted as Panamanian counsel to Ufinet, a fiber optic operator, with respect to the acquisition of the telecommunications business of IFX Networks and its subsidiaries. In this M&A transaction aimed at strengthening Ufinet´s network presence in South America, Morgan & Morgan´s role included providing advice in connection to corporate and telecommunications regulatory