Alcogal advised Sumitomo Mitsui Banking Corporation, Citigroup Global Markets and JP Morgan Chase Bank, N.A., as arranger, as well as the creditors, on a loan to Global Bank Corporation for USD200 million. Alcogal’s advisory team was made up of our partner Eloy Alfaro B., along with senior associate Rita de la Guardia. This operation also …
January 2021 – Alcogal advised Banistmo S.A. and The Bank of Nova Scotia in connection with a USD400 million credit facility granted to the Republic of Panama. Partners Arturo Gerbaud and Eloy Alfaro B., together with senior associate Rita de la Guardia, participated in this important transaction. The transaction closed in December 2020.
We advised Banco Nacional de Panamá in connection with two international loans with MIGA guarantee. In the first transaction, Societe Generale Paris participated as lenders and had a value of up to USD150 million. The second transaction was in relation to a loan of up to USD360 million subscribed with Banconal COVID Relief Facility S.a.r.l, …
We assisted Imperia Intercontinental Inc., parent company of Banco Cuscatlán de El Salvador, in connection with a USD100 million credit and guarantee agreement entered into with Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and JP Morgan Chase, as lead arrangers, and the lenders thereto in order to finance the acquisition by Imperia of Scotiabank’s banking …
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