Alcogal advised BAC International Bank, Inc. and Multi Securities Inc. in a corporate bonds issuance for US$700 million

Alcogal assisted Grupo Aval in the acquisition of Multi Financial Group Inc.

Alcogal assisted Imperia Intercontinental in connection with a US$100 million credit facility

Alcogal advised the dealer managers in a senior notes offering by Avianca Holdings, S.A. for US$550 million

Alcogal advised Credit Suisse and other lenders in connection with a credit facility of up to US$100 million for AGP America S.A.

Alcogal advised Banco Panamá with its acquisition by Banco Aliado

Alcogal advised the initial purchasers with a US$500 million bond issuance by Empresa de Transmisión Eléctrica, S.A. (ETESA)

Alcogal advised Global Bank Corporation with a bond issuance of US$300 million

Alcogal advised Credito Real with the issuance of a US$400 million senior unsecured notes

Alcogal represented Banco General, S.A. in a US$250 million corporate bond issuance of Inmobiliaria Don Antonio, S.A.