Alcogal

Alcogal represents Phoenix Tower International in an important financing

Alcogal represents Phoenix Tower International in an important financing

The banking, finance and capital markets team of Alcogal recently acted as local counsel to Phoenix Tower International Panama S. de R.L., and Torres Panameñas S. de R.L., (borrowers) in relation with the preparation, execution, delivery, and consummation of a term loan agreement for USD 32.150 million granted by Banco General, S.A., Metrobank, SA and …

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Alcogal advises PSA Panama International Terminal, S.A.

Alcogal advises PSA Panama International Terminal, S.A.

The public tenders and concession contracts team of Alcogal advised PSA Panama International Terminal, S.A. with the preparation, negotiation and execution of a new contract-law between the company and the Republic of Panama, in which PSA Panama International, S.A. commits to develop, build, operate, and administer a bulk cargo and ro-ro containers terminal through an …

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Alcogal advises local banks on important syndicated loan

Alcogal advises local banks on important syndicated loan

The Banking, Finance & Capital Markets department at Alemán, Cordero, Galindo & Lee advised Banco General, S.A. (as Lender and Administrative Agent) and Banistmo, S.A. (as Lender), in the structuring and execution of a Syndicated Loan to Costa Del Este Town Center Group, S.A., a company related to the Panamanian Group Empresas Bern, which is …

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Alcogal represents Celsia and CTC Curazao

Alcogal represents Celsia and CTC Curazao in important credit agreement

The banking, finance and capital markets team at Alemán, Cordero, Galindo & Lee recently represented Celsia S.A. E.S.P. as guarantor and CTC CURAZAO. B.V. as borrower in a USD200 million credit agreement with The Bank of Tokyo-Mitsubishi UFJ, Ltd., Banco Santander S.A. and Banco Santander de Negocios Colombia S.A. as initial lenders, for the purpose …

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BVI Office Updates

BVI Office Updates

During the last few months of 2014, Alcogal’s BVI office had some exciting developments: on the one hand, it was honored during the commemoration events to recognize the 30th Anniversary of the IBC Act and, on the other, it relocated to new premises. 30th Anniversary of the IBC Act The BVI celebrated the 30th Anniversary …

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Alcogal inicia el año llevándoles alegría a los niños de la playa El Salado en Aguadulce

Alcogal begins the new year by bringing joy to children of El Salado beach in Aguadulce

On Saturday, January 17th, a group of 30 Alcogal employees traveled to the community of El Salado beach in Aguadulce, where they organized a small party and gave away all kinds of presents to the inhabitants of the area. This was the first of many charitable activities that Alcogal’s Corporate Social Responsibility department expects to …

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Alcogal advises Celsia in successful acquisition of GDF Suez assets

Alcogal advises Celsia in successful acquisition of GDF Suez assets

The Energy and Natural Resources department at Aleman, Cordero, Galindo & Lee advised Colombian company Celsia S.A., E.S.P (Purchaser) , as local counsel, in the acquisition of 51% of the issued and outstanding shares of Bahia Las Minas, the largest thermic power generator in Panama, as well as the acquisition of 100% of the issued …

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