Morgan & Morgan advised Latin American Kraft Investments Inc. in the registration of revolving corporate bonds for an amount of up to US$60 million.

Panama, November 3, 2022. Morgan & Morgan represented Latin American Kraft Investments, Inc. (the “Issuer”), in the registration of revolving corporate bonds for an aggregate amount of US$60,000,000, under the abbreviated registration process for recurring registered issuers with the Superintendency of Capital Markets of Panama, in order for the Issuer to publicly offer the bonds in multiple series, knowingly, Senior Bonds, Subordinated Bonds, Senior Secured Bonds, and even Series of Green, Social or Sustainable Corporate Bonds.

The first series of bonds for US$1,000,000 was successfully registered with the Latin American Stock Exchange (“Latinex”). The funds received by the Issuer as a result of the placement of said first series will be used by the Issuer for refinancings, working capital growth, mergers and acquisitions, and capital investments of the Issuer or its subsidiaries.

MMG Bank Corporation acted as structuring, placement and paying agent of this issuance.

The Issuer is a Panamanian holding company that consolidates several subsidiaries that are dedicated to the production and marketing of packaging (corrugated, folding, chipboard, flexible packaging, inks and luxury packaging) in the Central American region and the Caribbean, Mexico, United States and some European countries.

Partner Ricardo Arias, senior associate Ana Carolina Castillo Solís and international associate Miguel Arias Mamais, participated in this transaction.