BAC International Corporation successfully completed the acquisition of 99.57% of Multi Financial Group, Inc. — the holding company of Multibank — one of the most significant transactions in Panama’s financial market. Alcogal served as Panamanian legal counsel, covering all corporate, banking, and regulatory aspects. Led by partners Rafael Marquínez and Patricia Cordero.
Alcogal actuó como asesor local panameño de Alicorp en la adquisición del negocio de Untables de Flora Food Group, como parte de una transacción multijurisdiccional en América Latina y el Caribe. Equipo a cargo: Rafael Marquínez, Patricia Cordero, Rafael Amar, María Fernanda Krienert, Lilah Levin e Ingrid A. Lee.
Alcogal advised the HPH Joint Venture Consortium — composed of Hyundai Engineering & Construction Co., POSCO E&C, and Hyundai Engineering Co. — in the financing of the Panama Metro Line 3 tunnel, part of an approx. USD 1.6 billion structure. Team: Arturo Gerbaud, Rita de la Guardia, Patricia Cordero, Rafael Amar, Lilah Levin, and Victoria …
Alcogal advises structured financing for the tunnel of Panama Metro Line 3 Read More »
Alcogal acted as legal advisor to Grupo Cibest S.A. in connection with the execution of a promise to purchase and sell agreement for the sale of 100% of the shares of Banistmo, S.A., one of Panama’s most significant financial institutions. The transaction was agreed with Inversiones Cuscatlán Centroamérica S.A., a financial group with a strong …
Alcogal advises Grupo Cibest on the sale of Banistmo Read More »
We are proud to announce that we have supported our client, The Bank of Nova Scotia, in the successful closing of the integration of its operations in Colombia, Costa Rica, and Panama with Banco Davivienda. This transaction required a strategic approach and the involvement of a multidisciplinary Alcogal team. The integration will significantly strengthen Banco …
Alcogal brindó asesoría legal a Aurora SM Ventures, Corp. en la exitosa colocación de su emisión de bonos corporativos por US$55 millones, registrada ante la Superintendencia del Mercado de Valores de Panamá y listada en Latinex. Multibank, Inc. actuó como estructurador. El trabajo legal fue liderado por el socio Rafael Marquínez, junto con Lilah Levin …
Alcogal advised BofA Securities and J.P. Morgan in Mobiliare LatAm’s inaugural USD 500 million senior bond issuance due 2032, issued under Rule 144A/Reg S — the largest issuance by a Latin American real estate C-Corp in more than a decade. Led by Arturo Gerbaud, Rafael Marquínez, Rita de la Guardia, Rafael Amar, and Lilah Levin.
Alcogal acted as Panamanian legal advisor to IDB Invest in its participation as anchor investor in Banistmo S.A.’s sustainable bond issuance for a total amount of USD 100 million. This transaction, which involves the subscription of IDB Invest bonds in Panama’s public securities market, aims to expand access to credit for women-led SMEs and support …
Alcogal advised Banco Ficohsa (Panama), S.A. on the registration of its Corporate Securities Revolving Program for up to US$30,000,000.00, structured by Global Bank Corporation. The transaction involved our partner Rafael Marquínez, together with associate Lilah Levin, reaffirming the firm’s commitment to legal excellence in the Panamanian capital markets. Through this engagement, Alcogal strengthens its role …
We acted as Panamanian legal advisors in Bladex’s first international AT1 bond issuance, which reached an amount of USD 200 million and received strong interest from international investors. The transaction featured Bank of America Securities and J.P. Morgan Securities, LLC as lead coordinators, and Jefferies as co-manager.The lawyers involved in this transaction were Arturo Gerbaud, …