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Morgan & Morgan provided legal advise to Panama Ports Company, S.A (a subsidiary of Hutchison Port Holdings) and HSBC to implement a Sale and Lease Back for an amount up to US$260,000,000.00
With legal basis in local Panama laws, Panama Ports Company, S.A, as Seller and Lessee and Far East Leasing, as trustee of the FEPC Leasing Trust, as Buyer and Lessor, for the benefit of an indirect lessor affiliated with the Hong Kong and Shanghai Banking Corporation Limited, entered into an Agreement for the Purchase and
- Published in Enrique Jimenez, expertise, Inocencio Galindo, Kharla Aizpurua, Ramon Varela, Roberto Vidal
Morgan & Morgan provides legal advice to HSBC Leasing, S.A., regarding the registration of Revolving Notes for the amount of US$ 150,000,000.00
HSBC Leasing, S.A., a subsidiary of HSBC Bank (Panama), S.A., duly authorized by the Ministry of Commerce and Industry to provide financial services, registered Revolving Notes for the amount of U.S. $ 150,000,000.00 with the National Securities Commission of the Republic of Panama. HSBC Leasing, S.A. will issue said bonds periodically, in Series, and in
- Published in Francisco Arias, Inocencio Galindo, Ricardo Arias, Securities and Capital Markets
Morgan & Morgan advises Mapfre in a US$211 million insurance merger
Morgan & Morgan acted as Panamanian counsel to Mapfre in connection with a US$211 million insurance merger, in which Mapfre acquires 57 per cent of the shares of Aseguradora Mundial and Mundial Desarrollo de Negocio, subsidiaries from Grupo Mundial. This transaction makes Mapfre as Central America’s largest insurance company. The Firm assisted its client with
Morgan & Morgan represented AES Corporation in Changuinola I Hydroelectric Project
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
- Published in Energy, expertise, Inocencio Galindo, Ramon Varela