delta

Morgan & Morgan advised Venasty Assets Corp. in the negotiation of an agreement to subscribe shares that represent a controlling interest in Grupo Bandelta Holding Corp., parent company of Banco Delta

Panama, June 30, 2025. Morgan & Morgan acted as legal counsel to Venasty Assets Corp., a Panamanian investment group led by Juan E. Melillo and Sergi Lucas Fernández, in connection with the negotiation and signing of a private share subscription agreement through which Venasty agreed to subscribe a majority stake in Grupo Bandelta Holding Corp.

t

Morgan & Morgan advised Mercantil Bank (Schweiz) AG on the establishment of its representative office in Panama.

Panama, July 30, 2025. Morgan & Morgan advised Mercantil Bank (Schweiz) AG, a Swiss entity specializing in private banking and wealth management, throughout the process of obtaining its Representative Banking License from the Superintendency of Banks of Panama (SBP). This license enables the bank to establish a representative office in Panama and carry out activities

images----t

Morgan & Morgan advised on the structuring of a US$100 Million Revolving Corporate Bond Program.

Panama, June 23, 2025. Morgan & Morgan provided legal counsel in connection with the public offering of a Revolving Corporate Bond Program for US$100,000,000.00. The bonds registered with the Superintendency of Capital Markets (SCM) of Panama and listed on the Latin American Stock Exchange (Latinex). The transaction was structured to refinance existing third-party debt and

11-j

Morgan & Morgan advised Sojitz Corporation on the acquisition of Petroautos, S.A., authorized Hyundai distributor in Panama.

Panama, June 11, 2025. Morgan & Morgan acted as legal counsel to Sojitz Corporation in the acquisition of 100% of the shares of Petroautos, S.A., the exclusive distributor of the Hyundai brand in Panama. With over 30 years of experience, Petroautos has established itself as one of the leading players in the Panamanian automotive sector,

miguel-y-ana

Morgan & Morgan advised on the sale of two solar plants.

Panama, April 2, 2025. Morgan & Morgan advised the shareholders of Aguafuerte, S.A. and Aquavoltaic, S.A. (the “Companies”) on the sale of their shares to Cox Energy. Cox Energy is a leading company in the development and promotion of energy solutions in America, Europe, Africa, and the Middle East. The Companies operate two solar plants

9000000000000000000000

Morgan & Morgan advised Banco Itaú Chile on significant refinancing of Grupo Decameron

Panama, January 30, 2025. Morgan & Morgan acted as Panamanian legal advisor to Banco Itaú Chile (formerly, Itaú Corpbanca), in its role as administrative agent, and to certain creditors, in their role as lenders, in connection with two credit facilities (one in Colombian Pesos and one in United States Dollars) granted by said lenders. These

90000

Morgan & Morgan advised Supermercados Xtra, SA on $300 Million Bond Program.

Panama, October 24, 2024. Morgan & Morgan is proud to announce its role in advising Supermercados Xtra, S.A., one of Panama’s leading supermarket chains, in the registration of a $300 million Revolving Corporate Bond Program with the Superintendence of the Securities Market (SMV) under the SMV’s Abbreviated Registration process. This significant transaction also included the

49

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

1000000

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

1000

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