<\/p>\n
Morgan & Morgan acted as Panamanian counsel to the local guarantee trustee, HSBC Investment Corporation (Panama), S.A., as holder of the local security guaranteeing the issue by Global Bank Corporation\u2019s US$500 million covered bond program.<\/p>\n
Global Bank Corporation will issue the bonds which will be guaranteed by a cover pool comprised of Panamanian residential mortgages and some preferential rate mortgages with associated fiscal credits; all denominated in US dollars and transferred as part of the trust assets under the local guaranty trust. Global Bank Corporation’s obligations under the covered bonds are direct, unconditional, and unsubordinated obligations, primarily secured by cash flows from mortgages granted by the entity in Panama. The transaction was issued under Rule 144-A placement and was registered and listed in the Irish Stock Exchange.<\/p>\n
The Morgan & Morgan team advising HSBC Investment Corporation (Panama), S.A. was comprised by partner Inocencio Galindo and associate Kharla Aizpur\u00faa Olmos.<\/p>\n
<\/p>\n
Morgan & Morgan actu\u00f3 como asesor local de HSBC Investment Corporation (Panam\u00e1), SA, en su calidad de fiduciario de garant\u00eda local del fideicomiso irrevocable de garant\u00eda que garantiza la emisi\u00f3n de EE.UU. $ 500 millones del programa de bonos de Global Bank Corporation.<\/p>\n
Global Bank Corporation emitir\u00e1 los bonos que ser\u00e1n garantizados por un fondo com\u00fan compuesto por hipotecas residenciales paname\u00f1as y algunos tipos de hipotecas preferenciales con cr\u00e9ditos fiscales asociados, y todos denominados en d\u00f3lares estadounidenses y transferidos como parte de los activos del fondo en un fideicomiso de garant\u00eda local. Las obligaciones derivadas de Global Bank Corporation de los bonos cubiertos son obligaciones directas, incondicionales, no subordinadas y con garant\u00eda, principalmente por los flujos de efectivo de las hipotecas concedidas por la entidad en Panam\u00e1. La transacci\u00f3n fue emitida bajo la norma 144-A y la colocaci\u00f3n fue registrada y cotizada en la Bolsa de Valores de Irlanda.<\/p>\n
El equipo de Morgan & Morgan que asesor\u00f3 a HSBC Investment Corporation (Panam\u00e1), SA estuvo conformado por el socio Inocencio Galindo y la asociada Kharla Aizpur\u00faa Olmos.<\/p>\n
\n<\/p>\n","protected":false},"excerpt":{"rendered":"
Morgan & Morgan acted as Panamanian counsel to the local guarantee trustee, HSBC Investment Corporation (Panama), S.A., as holder of the local security guaranteeing the issue by Global Bank Corporation\u2019s US$500 million covered bond program. Global Bank Corporation will issue the bonds which will be guaranteed by a cover pool comprised of Panamanian residential mortgages<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[430,414,417],"tags":[],"_links":{"self":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/posts\/24469"}],"collection":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/comments?post=24469"}],"version-history":[{"count":0,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/posts\/24469\/revisions"}],"wp:attachment":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/media?parent=24469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/categories?post=24469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/tags?post=24469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}