Morgan & Morgan advises Cirsa and Deutsche Bank in €400,000,000 transaction

Morgan & Morgan represented Cirsa Gaming Corporation S.A. and Deutsche Bank AG, London Branch in the offering of €400,000,000 aggregate principal amount of 8.750% senior notes due 2018 through the direct wholly-owned finance subsidiary, Cirsa Funding Luxembourg S,A. Application will be made to list the notes on the official list of the Luxembourg Stock Exchange

Morgan & Morgan provided legal counsel to La Hipotecaria, S.A. regarding cross-border securitization of mortgage loans and public offering of mortgage bonds for up to US$12,500,000.00

La Hipotecaria, S.A. as trustee of the Ninth Trust of Mortgage Loan Bonds, registered mortgage loans bonds for an amount of up to US$12,500,000.00 before the National Securities Commission of the Republic of Panama, which have also been successfully placed through Panama’s Stock Exchange. Payments due to holders of said bonds are secured by a