Capital Markets

Alemán, Cordero, Galindo & Lee (Alcogal) advised Banco General, S.A., as arranger, in connection with (i) the registration of the common shares of Supermercados Xtra, S.A. with the Superintendence of Capital Markets (SCM) and their corresponding in the Latin American Stock Exchange (Latinex) for their negotiation in the secondary market, resulting in a USD45.6M equity …

Alcogal advised Banco General, S.A., as arranger, in connection with the registration of the common shares of Supermercados Xtra, S.A. Read More »

Alcogal advised Grupo Aval in its corporate reorganization process. This reorganization resulted in the spinoff of a 75% equity stake in its indirect subsidiary BAC Holding International Corp. (BHI), in favor of its shareholders and the shareholders of Banco de Bogota (prior to the spinoff, the direct owner of BHI). BHI is the Panamanian holding …

Alcogal advised Grupo Aval in its corporate reorganization process Read More »

Alcogal advised Fountain Hydro Power Corp., as Issuer, in connection with a USD110 million corporate bonds issuance registered by the Superintendency of Capital Markets and listed in Latinex, issued for purposes of refinancing the existing credit facilities of the Issuer.  Fountain Hydro Power Corp. is owned by Agua Imara ACA and Panama Hydroelectric Ventures. Alcogal’s …

Alcogal advised on the public offering and bond issuance of Fountain Hydro Power Corp. Read More »

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 …

Alcogal advises G.B. Group Corporation in the exchange process of Series A and Series B cumulative preferred shares and issuance and placement of Serie C preferred shares Read More »

We advised Banco General S.A. as arranger, in connection with the amendment to certain terms and conditions of a USD250,000,000 corporate bonds issuance that Supermercados XTRA, S.A. has registered with the Superintendence of Capital Markets, in order to carry out the issuance and offering of Series E, F, and G of bonds for a total …

Alcogal advised Banco General, S.A. in the multi-million dollar offering and issuance of corporate bonds by Supermercados Xtra, S.A. Read More »

We advised BofA Securities, Inc., Citigroup Global Markets Inc. and Banco General, S.A., as initial purchasers in connection with a 144A/Reg S secured bond offering of Aeropuerto Internacional de Tocumen, S.A. (AITSA) for USD1.85 billion, as well as counsel to the dealer managers in connection with a liability management operation of the existing bonds issued …

Alcogal advised initial purchasers in a USD1.85 billion bond offering by Aeropuerto Internacional de Tocumen Read More »

Alcogal acted as Panamanian counsel to Elektra Noreste, S.A., (ENSA) in connection with its 4(a)(2) USD100 million corporate bonds issuance.  The issuance was structured as a 4(a)(2)/Regulation S offering and was registered with the Superintendence of Capital Markets of Panama and placed through the Latin American Exchange (LATINEX). This is one of the few 4(a)(2)/Regulation …

Alcogal advised Elektra Noreste, S.A., (ENSA) in a USD100 million corporate bonds issuance Read More »