Alcogal acted as lead counsel to Promerica Financial Corporation in connection with its first US issuance of notes worth US$200 million.

It is one of the few issuances of a multijurisdictional bank holding company, since Promerica Financial Corporation is the majority shareholder of a network of commercial banks operating across Central and South America and the Caribbean. The deal closed in November 2018.

Partner Arturo Gerbaud and associates Patricia Cordero and Rafael Marquinez participated in this transaction.