Alcogal advised Banco General, S.A. as arranger in connection with the structuring and registration of a USD250 million corporate bonds issuance by Inmobiliaria Don Antonio, S.A., a subsidiary of Rey Holdings, Corp., in connection with the issuance and the registration with the Superintendence of Capital Markets, of the corporate bonds being issued. To this date, this is one of the largest bond issuances by a company from the supermarket and grocery stores/food retail sector in Panama.
The Alcogal team representing Banco General, S.A. in this transaction was led by partner Arturo Gerbaud and associate Rafael Marquinez. The transaction closed in September 2018.