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 Grupo APC, S.A. in the sale of a majority stake in its subsidiary APC Buró, S.A., to Experian Latam Holdings Unlimited, a member of the Experian group. APC Buró, the sole credit bureau in Panama, began operations in 1957 providing valuable consumer credit reports. Experian is a world leader in information services helping …
Alcogal advised Grupo APC in the majority sale of its subsidiary APC Buró 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 …
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 its long-term client, Cable & Wireless Panamá S.A., as well as its shareholder and operating partner Liberty Latin America, in connection with the proposed acquisition of Claro Panamá, owned by the América Móvil group. The transaction is subject to customary closing approvals and is expected to close in Q1 2022. Transactional Team: Alejandro …
Alcogal advised Cable & Wireless Panama S.A. on its acquisition of Claro Panamá Read More »
We assisted Citigroup, Credit Suisse, JP Morgan, and Santander, as initial purchasers, on matters of Panamanian law, in the issuance of 3.5% secured senior notes due in 2028 for a value of USD380 million; carried out jointly by San Miguel Industrias PET S.A. and NG PET R&P Latin America, S.A. under the 144A / RegS. …
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 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 …
We acted as Panamanian counsel to the initial purchasers, Bank of America, J.P. Morgan and Goldman Sachs & Co. LLC, in connection with a 144A/Reg S bond issuance of Banco General, S.A., of USD400 million issuance mainly to strengthen Banco General, S.A.’s Primary Capital (Capital Primario, as defined by the Superintendency of Banks of Panama). The issuance …
© 2024 Alcogal
