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 2023
      • Sustainability Report 2022
      • Sustainability Report 2021
    • Sustainability Policy
  • Contact us
  • Payment Methods
    • Credit Card
    • ACH Payment
    • Wire Transfers

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

Monday, 18 October 2010 / Published in Francisco Arias, Inocencio Galindo, Ricardo Arias, Securities and Capital Markets

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 amounts it considers appropriate to its needs and market demand.

Payments due to holders of such bonds are backed by the general credit of HSBC Leasing, S.A. The funds from the sale of the bonds will be used to grant financial leases and, in general, be invested in the company’s ordinary course of business.

HSBC Leasing, S.A. issued the first series of these bonds, denominated Series A Bonds, in the amount of US$ 15,000,000.00, which were successfully brought to market through the Bolsa de Valores de Panama (Panama Stock Exchange), S.A. Series A Bonds bear an interest rate of 3.45% and mature on July 20, 2015.

Morgan & Morgan represented HSBC Leasing, S.A. in this important transaction. Firm partners Francisco Arias G. and Inocencio Galindo, as well as Ricardo Arias, as an associate of the firm, participated in the transaction.

HSBC Leasing, S.A., una subsidiaria de HSBC Bank (Panamá), S.A. debidamente autorizada por el Ministerio de Comercio e Industrias para actuar como empresa financiera, registró ante la Comisión Nacional de Valores de la República de Panamá Bonos Corporativos Rotativos hasta por un monto de US$150,000,000.00. Dichos bonos serán emitidos por HSBC Leasing, S.A. de forma periódica en Series y por aquellos montos que HSBC Leasing, S.A. estime conveniente según sus necesidades y la demanda del mercado.

Los pagos debidos a los tenedores de dichos bonos se encuentran respaldados por el crédito general de HSBC Leasing, S.A. Los fondos que se obtengan de la venta de los bonos serán utilizados para otorgar arrendamientos financieros y, en general, ser invertidos en el giro ordinario de los negocios de la compañía.

HSBC Leasing, S.A. ha emitido la primera serie de dichos bonos denominados los Bonos Serie A, por un monto de US$15,000,000.00, los cuales fueron colocadas con éxito a través de la Bolsa de Valores de Panamá, S.A. Los Bonos Serie A devengarán una tasa de interés equivalente a 3.45% y vencerán el 20 de julio de 2015.

Morgan & Morgan representó a HSBC Leasing, S.A. en esta importante transacción. Francisco Arias G. e Inocencio Galindo, socios de la firma, y Ricardo Arias, en calidad de asociado, participaron en la transacción.

  • Tweet

You must be logged in to post a comment.

Search

Latest news

  • JAZMINA-1

    Jazmina Rovi on Maritime Reform, Inclusion & Global Legal Impact – TerraLex Insights Podcast

  • fRAN

    The use of artificial intelligence by lawyers in Panama

  • 6001

    Morgan & Morgan advised Bank of China Limited, Panama Branch, in connection with the issuance of US$500 million Floating Rate Notes.

  • migra34

    Recognition of the validity of Venezuelan passports in Panamanian territory and Certification of Status and Electronic Migration Movement

  • miguel-y-ana

    Morgan & Morgan advised on the sale of two solar plants.

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
Esta página utiliza cookies únicamente con el fin de optimizar su funcionamiento y para fines estadísticos. No recolectamos datos personales. Al seguir utilizando nuestra página acepta las condiciones de uso. Para conocer más, visite nuestra Politica de Protección de DatosAceptarPolítica de Protección de Datos