Alcogal advised BofA Securities, Inc. and Banco General, S.A. as initial purchasers in connection with a 144A/Reg S, locally registered and listed, US$400 million bond offering by ENA Master Trust, a special purpose vehicle formed by Empresa Nacional de Autopista (ENA).

The transaction concluded in November 2020.

Partner Arturo Gerbaud, together with senior associates Rita de la Guardia and Rafael Marquínez, were in charge of this transaction.