Morgan & Morgan represented Electron Investment, S.A., in the US$180 million syndicated secured financing for Pando and Monte Lirio
Two new hydroelectric power plants being developed in the Province of Chiriquí, Panama, with an aggregate capacity of 85 MW.
Morgan & Morgan advised Credit Suisse Securities (Europe) in the issuance and sale of up to US$2,250,000,000 aggregate principal amount of Euro Medium Terms Notes of the Banco Latinoamericano de Comercio Exterior S.A. (Bladex). Application will be made to list the notes on the official list of the Luxembourg Stock Exchange for trading on the
Morgan & Morgan acted as Panamanian counsel to Canadian airline Jazz Air LP in a US$15 million investment. Jazz Air LP acquired an interest in Uruguay’s national airline Pluna, through the subscription of shares of the Panamanian Holding Company of Pluna Líneas Aéreas Uruguayas, S.A. “Although the transaction documents were subject to Uruguayan law, two
Morgan & Morgan represented HSBC Bank (Panama), S.A., as Administrative Agent and Lender in a US$60 million bridge loan facility granted to Ideal Panama, S.A., a subsidiary of Impulsadora del Desarrollo y el Empleo en America Latina, S.A. de C.V. (IDEAL), for the construction of a 87 MW hydroelectric power generation facility (Baitún Project) and
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
On February 14, 2006, global power company AES issued US$300 million worth of bonds in the international market, guaranteed by four electricity distribution companies it controls in El Salvador. This issuance was the first by a private company to be guaranteed in this way originating from Central America. It was also the first investment grade