Transactions

Alcogal represented Multibank, Inc. in its first international debt offer

Alcogal represented Multibank, Inc.  in connection with the issuance of its first international debt offer for an amount of USD$300 million under 144a/Reg S rules of the securities market of the United States of America, underwritten by Mizuho Securities USA LLC and UBS Securities LLC. The transaction closed in November 2017. Partner Arturo Gerbaud, along with …

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Alcogal provides counsel to Merrill Lynch, Pierce, Fenner & Smith Incorporated, and JP Morgan Securities LLC

Alcogal participated as adviser to Merrill Lynch, Pierce, Fenner & Smith Incorporated, and JP Morgan Securities LLC in the 144A/Reg S issuance by Peruvian holding company, Intercorp Financial Services Inc., worth US$300 million. The transaction closed in October 2017. Partner Eloy Alfaro, along with associate Rita de la Guardia, participated in this transaction.

Alcogal represented Banistmo S.A. in its first international debt offer

Alcogal represented Banistmo S.A. in connection with the issuance of its first international debt offer for an amount of USD$500 million under 144a/Reg S rules of the securities market of the United States of America, underwritten by JP Morgan Securities LLC and Morgan Stanley & Co. LLC. The transaction closed in September 2017. Partner Arturo Gerbaud, …

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Alcogal represented Grupo Mundial Tenedora, S.A. and Banvivienda in an exchange process of non-accumulative preferred shares

Alcogal represented Grupo Mundial Tenedora, S.A. and Banvivienda in an exchange process of non-accumulative preferred shares

Alcogal acted as legal counsel to Grupo Mundial Tenedora, S.A. and Banco Panameño de la Vivienda, S.A. (Banvivienda) in the exchange process of up to 34,000,000 non-accumulative preferred shares without voting rights of Banco Panameño de la Vivienda, S.A. (Banvivienda) for non-accumulative preferred shares without voting rights of Grupo Mundial Tenedora, S.A. The exchange process …

Alcogal represented Grupo Mundial Tenedora, S.A. and Banvivienda in an exchange process of non-accumulative preferred shares Read More »

Grande Investment Corp

Alcogal advised Grande Investment Corp. in successful acquisition of a controlling interest

Alcogal advised Grande Investment Corp. in the negotiation for the acquisition of a controlling interest of Petroamerica Terminal S.A. (PATSA) by VTTI B.V. We collaborated with the review, negotiation, and closing of the Stock Purchase Agreement, Shareholder´s Agreement, and other transactional documents. The acquisition totaled US$75 million. Petroamerica Terminal S.A. is a logistics center for …

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Alcogal representó a Banca de Inversión Bancolombia en la compraventa del proyecto Soho

Alcogal advised Banca de Inversión Bancolombia in the sale of the Soho Project

Alcogal advised Banca de Inversión Bancolombia (BIB) in the sale of the Soho Project, for US$350 million. The Soho project is the largest high-end luxury commercial real estate project in Panama, including two office towers, a hotel and a luxury shopping center. This is a unique transaction as it results from sanctions imposed by the …

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Alcogal represents Gas Natural Atlantico and Costa Norte LNG Terminal in the financing of the first liquefied natural gas project in Panama

Alcogal recently represented Gas Natural Atlantico, S. de R.L. and Costa Norte LNG Terminal S. de R.L., as borrowers, in an approximately US$600 million financing for the construction and development of an LNG (liquefied natural gas) power block and LNG terminal in Panama, which will be located in the province of Colon. Partner Arturo Gerbaud, …

Alcogal represents Gas Natural Atlantico and Costa Norte LNG Terminal in the financing of the first liquefied natural gas project in Panama Read More »

Alcogal advises Banco General, as arranger and administrative agent, in connection with parallel corporate bond issuances for up to US$100 million

We advised Banco General S.A. as arranger and administrative agent in connection with the structuring and registration of three parallel corporate bonds issuances, totaling approximately US$100 million, issued by Istmus Hydro Power, Corp. Las Perlas Norte, S.A. and Las Perlas Sur, S.A., as well as their public offering. Partner Arturo Gerbaud, along with associate Rafael …

Alcogal advises Banco General, as arranger and administrative agent, in connection with parallel corporate bond issuances for up to US$100 million Read More »