Morgan & Morgan advised Farmalisto in an equity investment of various investors
Panama, December 23, 2020. Morgan & Morgan advised Farmalisto, a health technology platform with presence in Mexico, Colombia, and Peru, with respect to the equity investment made by HBM Healthcare Investments (Cayman) Ltd., Inter-American Investment Corporation, Morgan Rio Capital Management, and other minority investors for the amount of up to US$18,000,000.00 in Farmalisto. The proceeds
- Published in 2020, expertise, Mergers & Acquisitios, Mergers & Acquisitios_publi, Roberto Vidal
Morgan & Morgan advised Continental Grain Company in an investment in Multifoods to support the company´s expansion plans
Panama, November 13, 2020. Morgan & Morgan advised Continental Grain Company (“CGC”) in an investment in Multifoods (“Multifoods” or the “Company”), a leading Peru-based contract-manufacturing firm engaged in the production of food and beverage products, working with both grocery retailers and CPG companies. Morgan & Morgan advised CGC in all Panama law aspects of the
- Published in expertise, 2020, Mergers & Acquisitios, Roberto Vidal
Morgan & Morgan advised Panasolar Generation, S.A. in an issuance of corporate green bonds for US$15,500,000.00.
Panama, September 29, 2020. The green bonds are certified under the Climate Bonds Certification Scheme run by the Climate Bonds Initiative, an international, investor-focused non-profit organization, and the only organization working solely on mobilizing the $100 trillion bond market for climate change solutions. The Climate Bonds Standard and Certification Scheme is a labelling scheme for
Morgan & Morgan advised in a US$40 million bond issuance by Banco Latinoamericano de Comercio Exterior (Bladex)
Panama, September 14, 2020. Morgan & Morgan advised BofA Securities, Inc., Mizuho Securities USA LLC., and SMBC Nikko Securities America Inc., in an issuance by Banco Latinoamericano de Comercio Exterior (Bladex) of five-year term bonds for US$400,000,000.00 with a fixed coupon of 2.375%, under Rule 144A and Regulation S of the United States Securities Act
- Published in 2020, Banking Law, expertise, Francisco Arias, Miguel Arias_exp, Roberto Vidal, Securities and Capital Markets
Morgan & Morgan advised Gaming & Services de Panama, S.A. and Cirsa Enterprises Group, in connection with a revolving credit facility and a term loan facility
Panama, July 9, 2020. Morgan & Morgan advised Gaming & Services de Panama, S.A. (the “Company”) and Cirsa Enterprises Group (“Cirsa”), a leading gaming group in Spain, Italy and a number of countries in Latin America, with respect to (i) a revolving credit facility agreement up to the amount of €55,000,000, by and among Cirsa
- Published in Banking Law, expertise, Roberto Vidal
Morgan & Morgan advised Parque Industrial y Corporativo Sur, S.A. in connection with the public offering of revolving corporate bonds for an amount of up to US$100 million
Panama, April 24, 2020. Morgan & Morgan advised Parque Industrial y Corporativo Sur, SA, in relation to the public offering of revolving corporate bonds (hereinafter the “Bonds”), which will be issued in multiple series, which may be senior series or subordinated series under a revolving program in which the outstanding principal balance of the Bonds
- Published in expertise, Kharla Aizpurua, Roberto Vidal, Securities and Capital Markets
Alpha Credit © closes equity financing round led by SoftBank Latin America Fund
Panama, April 13, 2020. Morgan & Morgan advised Alpha Credit ©, a leading technology firm that provides financial services to segments underserved by traditional banking institutions, specialized in consumer lending and financing for small and medium enterprises (SMEs), in the process to complete an equity financing round for more than MXN$2.4 billion (approximately US$100 million),
- Published in expertise, Francisco Arias, Mergers & Acquisitios, Roberto Vidal
Morgan & Morgan advised the shareholders of Unity Group in a corporate restructuring and subsequent sale of its business to Willis Europe B.V.
Panama, March 12, 2020. Morgan & Morgan advised the shareholders of Unity Group, a holding company with subsidiaries engaged in insurance brokerage in Central America with operations in six countries (Panama, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua), in a corporate restructuring and subsequent sale of its business to Willis Europe B.V., a company
A guide on Mergers and Acquisitions in Panama
Francisco Arias, Partner, Morgan & Morgan (head of M&A practice) Roberto Vidal, Partner, Morgan & Morgan Regulatory framework for foreign investment The Panamanian Constitution reserves “retail activities” for Panamanian nationals. Various statutes have limited the application of the prohibition to activities that involve the sale of goods to consumers. By statute, the private sector (national
- Published in Francisco Arias, Mergers and Acquisitions_news, Publications, Roberto Vidal
Morgan & Morgan advised Marsh Semusa and its shareholders in the execution of a call option of shares of the company
Panama, January 30, 2020. Morgan & Morgan advised Marsh Semusa and its shareholders in the execution of a call option of shares of the company. Majority shareholders exercised a call option to acquire from the minority shareholders the remaining shares of Marsh Semusa. Marsh Semusa is a risk consulting and insurance broker in Panama. Partner
- Published in expertise, Mergers & Acquisitios, Roberto Vidal