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Morgan & Morgan advised Avanzalia Panamá, S.A. on a secured bond issuance of up to US$100 million strengthening the financial structure of Penonomé I, Central America’s largest solar photovoltaic plant.

Morgan & Morgan advised Avanzalia Panamá, S.A. (“Avanzalia” or the “Issuer”) in connection with the registration before Panama’s Superintendencia del Mercado de Valores (“SMV”) of a US$100 million Corporate Bond Revolving Program and the successful placement of its US$90 million Senior Series A Bonds. The offering was authorized by SMV Resolution No. SMV-233-25 dated June

Morgan & Morgan advised on the closing of Grupo Financiero BSC’s acquisition of Banistmo.

Morgan & Morgan acted as legal counsel to Grupo Financiero BSC (formerly, Inversiones Cuscatlán Centroamérica, S.A.) (“Grupo BSC”) and subsequently to Banco La Hipotecaria, S.A. (“Banco La Hipotecaria”), a member of Grupo BSC’s economic group, in connection with the closing of the acquisition of Banistmo, S.A. (“Banistmo”). The Firm advised on the transaction from the

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Morgan & Morgan advised Banistmo Investment Corporation, S.A. on the financial closing of the Eastern Pan-American Highway Rehabilitation Project.

Panama, January 7, 2026. Morgan & Morgan advised Banistmo Investment Corporation, S.A. in its role as: (i) trustee of the guarantee trust for financing and (ii) trustee of the trust required under applicable regulations for the Eastern Pan-American Highway Rehabilitation Project. This Project is one of the most important public infrastructure projects currently underway in

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Morgan & Morgan advised Electron Investment, S.A. on strategic refinancing and bond issuance for US$175 million.

Panama, December 5, 2025. Morgan & Morgan represented Electron Investment, S.A. (“EISA”) in structuring and negotiating a bridge financing granted by BAC International Bank, Inc., the proceeds of which were used for the early redemption of corporate bonds issued in 2020 through the Latin American Stock Exchange (Latinex). Once the existing bonds were canceled, Morgan

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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.

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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

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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

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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,

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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

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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