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Alcogal advised Alternegy, S.A. with the issuance of its first bond offering in the amount of US$320 million

Alcogal advised Alternegy, S.A., in connection with the issuance of its first debt offer and the registration with the Superintendence of Capital Markets, of the corporate bonds being issued by Banco General, S.A. and Banistmo, S.A. This is one of the year’s largest bond issuances for a corporate issuer in the Panamanian capital market. The issuance consisted of both local and international guarantees, the latter specifically consisting of assets located in the Republic of Costa Rica.

The transaction closed in December 2017.

Partner Arturo Gerbaud, along with associate Rafael Marquínez, were in charge of this transaction.



Company History

ALEMAN, CORDERO, GALINDO & LEE was established in 1985 and has quickly become one of Panama's leading law firms in the offshore area as well as in banking law and in representing large corporations doing business in the country. The firm's offshore practice is supported by its offices in the Bahamas, Belize, British Virgin Islands, Dubai, Geneva, Hong Kong Continue reading ...