Representative Transactions

  • We advised creditor banks in Soho Mall Trust.
  • We advised local banks on important syndicated loan.
  • We advised the initial purchasers with a US$500 million bond issuance by Empresa de Transmisión Eléctrica, S.A. (ETESA)
  • We advised Credit Suisse and other lenders in connection with a credit facility of up to US$100 million for AGP America S.A.
  • We advised Gas Natural Atlántico and Costa Norte LNG Terminal in connection with a bridge loan of US$610 million in order to refinance the 2016 project construction facility.
  • We advised Banco General S.A. in connection with a $22.5 million secured loan to Sociedad Urbanizadora del Caribe, S.A. (SUCASA), a well-known developer in Panama.
  • We advised The Bank of Nova Scotia, Banco Internacional de Costa Rica, S.A. (BICSA), Unibank, S.A. and Mercantil Banco, S.A., in connection with a secured $40 million syndicated loan to Evolution Hotel, S.A. which will be used to finance the operation of the W Hotel in Panama.
  • We assisted various lenders in connection with an up to US$100 million credit facility to AGP America S.A.
  • We acted as local counsel to Elliott Management Corp. (EMC) and subsidiaries, in relation to the repayment of debt owed by Synergy Aerospace Corporation, contemplated under loan agreement transaction between Synergy Aerospace Corporation and United Airlines, Inc.
  • We advised Prival and Banistmo in the syndicated financing granted to Grupo EXSUSA (Universidad Latina) for the purchase of Universidad Interamericana de Panamá.
  • We advised BAC International Bank in connection with a large scale securitisation with nine international investors.
  • We acted as Panamanian counsel to Citibank N.A. in connection with a senior secured credit agreement and local guarantees to Aeroholding S.A. de C.V. for US$114 million.
  • We advised Banistmo, S.A., Bancolombia, S.A., Banesco, S.A., St. George’s Bank & Co., Caja de Ahorros, Banco Aliado, S.A., Credicorp Bank, Banco Latinoamericano de Comercio Exterior (BLADEX), as lenders, in relation to an up to US$ 276 million financing provided to a Mexican joint venture composed by Inmobiliaria Citelis Panamá, S.A. and Inversiones Amilena, Inc. for the purchase of the Soho Mall.
  • We represented Banistmo, S.A. in an approximately US$33 million financing for the construction and development of “Empire Residences” project.
  • We represented Banistmo, S.A. in an approximately US$67 million financing for the construction and development of “Pacific Point Torre 400” residential project.
  • We represented Bac International Bank, Inc. in an approximately US$35 million financing for the construction and development of PH “Greengarden”.
  • We advised the Colombian power generation company, Termocandelaria, to obtain US$245 million in new credit to refinance existing debt.
  • We assisted Bank of America Merrill Lynch in the structuring of a guaranteed financing and commodities framework agreement entered into with Kamca Trading for US$8 million.
  • We advised The Bank of Nova Scotia (Panama Branch) in a loan to Cable & Wireless Panama, S.A. of up to US$60 million.
  • We advised The Bank of Nova Scotia in a US$35 million loan to Melones Oil Terminal Inc. for the refinancing of an existing loan.
  • We advised Citibank N.A. in connection with a US$50 million loan agreement to GTM Holding, S.A., GTM Do Brasil Comercio de Productos Quimicos Ltda.
  • We assisted Gas Natural Atlántico, S. de R.L. and Costa Norte LNG Terminal S. de R.L., as borrowers, in an approximately US$600 million financing for the construction and development of an LNG power block and LNG terminal.
  • We advised Gas Natural Atlántico II, S. de R.L., (borrower) in connection with a loan agreement of up to US$60 million entered into with The Bank of Nova Scotia (Panama Branch) for the financing of the construction of a transmission line in Panama.
  • We advised Global Bank Corporation in a syndicated loan to MK Aviation S.A. of up to US$14.15 million.
  • We assisted Imperia Intercontinental in connection with a US$100 million credit facility.
  • We advised Banco Nacional de Panamá on international loans of up to US$150 and US$360 million respectively.