Alcogal acted as legal counsel to G.B. Group Corporation (holding company of Global Bank Corporation) in (i) the exchange process of Series A and Series B cumulative preferred shares without voting rights of G.B. Group Corporation for Series C preferred shares of G.B. Group Corporation and (ii) issuance and placement of Serie C preferred shares of G.B. Group Corporation. All of the aforementioned preferred shares are part of the same preferred shares issuance of up to USD200,000,000 registered with the Superintendence of Capital Markets, by way of Resolution SMV No. 487-18 of October 24th, 2018.
Both, the exchange process and the issuance and placement of the Series C preferred shares were done through the Latin American Exchange.
The Alcogal partners in charge of the transaction were Arturo Gerbaud and Rafael Marquínez.
