Morgan & Morgan

Morgan & Morgan

507.265.7777
Email: [email protected]

Morgan & Morgan
MMG Tower, 23rd Floor Ave. Paseo del Mar, Costa del Este Panama City Rep. of Panama

Open in Google Maps
507.265.7777 | [email protected]
  • LANGUAGES
    • English English
    • Español Español
  • Home
  • About Us
    • History
    • Global Reach
    • Gender Equity
    • Code of EthicsDownload
    • Prevention and Management of Professional Risk Policy
  • Attorneys
    • Associates
    • Partners
    • Founders
  • Practice Areas
    • COLUM1
      • Antitrust and Consumer Protection
      • Banking and Finance
      • Criminal Law
      • Energy and Natural Resources
      • Estate Planning
    • COLUM2
      • Government Procurement and Contracts
      • Insurance and Reinsurance
      • Intellectual Property
      • Immigration Law
      • Corporate Services
    • COLUM3
      • Labor Law
      • Litigation and Dispute Resolution
      • Mergers and Acquisitions
      • Mining
      • Projects
    • COLUM4
      • Real Estate
      • Securities and Capital Markets
      • Shipping and Admiralty Litigation
      • Ship Finance and Registration
      • Taxation
  • Experience
  • News
  • Pro Bono
  • Sustainability
    • ESG Strategy
    • Environment
    • Social
    • Governance
    • Annual Report
      • Sustainability Report 2022
      • Sustainability Report 2021
      • Sustainability Report 2020
    • Sustainability Policy
  • Contact us
  • Payment Methods
    • Credit Card
    • ACH Payment
    • Wire Transfers
    • FAQ´S

Morgan & Morgan advises Wells Fargo in a US$100 million securitization and acquisition of DPRs

Thursday, 29 November 2012 / Published in Ramon Varela, Ricardo Arias, Roberto Vidal, Securities and Capital Markets

Morgan & Morgan advises Wells Fargo in a US$100 million securitization and acquisition of DPRs

Morgan & Morgan advised Wells Fargo Bank, National Association (Wells Fargo), in their role as investor in a new diversified payment rights program, comprising of the securitization of future funds flows as represented by payment orders (called Diversified Payment Rights or DPRs) for the amount of US$100 million, to be established by Banco General, S.A. in the Republic of Panama.

In addition, Morgan & Morgan advised Wells Fargo, as lender, in a loan agreement granted to BANCO GENERAL DPR FUNDING, LTD., in order to complete the acquisition of the DPRs.

The Morgan & Morgan team advising Wells Fargo was comprised by partner Ramon Varela and associates Roberto Vidal and Ricardo Arias.

Morgan & Morgan aconsejó a Wells Fargo Bank, National Association (Wells Fargo), con respecto a los aspectos legales de Panamá, en su papel como inversor en un nuevo programa de derechos de pago diversificados, formando parte de la titularización de flujos futuros de fondos representados por las órdenes de pago (llamado Derechos diversificados de pago o DPR), que será establecido por el Banco General, SA en la República de Panamá.

Además, Morgan & Morgan aconsejó a Wells Fargo, como prestamista, en un contrato de préstamo concedido a BANCO GENERAL DPR FUNDING, LTD., para los efectos de la adquisición de los DPR.

El equipo de Morgan & Morgan involucrado en esta transacción estuvo compuesto por el socio Ramón Varela y los asociados Roberto Vidal y Ricardo Arias.

  • Tweet

You must be logged in to post a comment.

Search

Latest news

  • 101

    Morgan & Morgan Legal advised Rhenus in connection with the acquisition of certain Panamanian subsidiaries of BLU Logistics.

  • 24

    Morgan & Morgan outstands in The Legal 500 Latin America 2024.

  • bw-leader-league

    Leaders League Rankings 2024: Corporate/M&A, Corporate Tax

  • 103

    The Ministry of Labor and Labor Development sets the cost for Work Permit ID cards

  • 101

    Law 401 establishes an annual franchise tax rate savings opportunity for Corporations and Private Interest Foundations.

Contact our experts

  • This field is for validation purposes and should be left unchanged.
Morgan & Morgan
  • Home
  • About us
  • Associates
  • Partners
  • Founders
  • Practice Areas
  • Transactions
  • News
  • Contact us
  • Terms of use
  • Data Protection Policy
  • Whistleblowing System “Your Voice”
  • Compliance Policy
  • FAQ’s
  • Disclaimer
  • Global Reach
  • Gender Equity

© 2023 All rights reserved. Morgan & Morgan. MMG Tower, 23rd Floor Ave. Paseo del Mar, Costa del Este Panama City Rep. of Panama.

TOP