Real Estate

New issuance boosts momentum in the real estate sector within the capital markets

Capital Markets, Finance, Real Estate, Transactions / By

We advised Panama Commercial Properties, S.A. on its debut in the local capital markets, through a corporate bond issuance of up to USD 75 million, authorized by the Superintendency of the Securities Market under Resolution SMV-10-26 of January 12, 2026, and listed on the Latin American Stock Exchange (Latinex). With more than a decade of …

New issuance boosts momentum in the real estate sector within the capital markets Read More »

Corporate bonds of Desarrollos Comerciales, S.A.

Capital Markets, Finance, Real Estate, Transactions / By

We are pleased to announce that we advised on the structuring, registration, and listing of the Corporate Bond Issuance of Desarrollos Comerciales, S.A., for an amount of up to USD 104 million, registered with the Superintendency of the Securities Market of Panama and listed on the Latin American Stock Exchange. This issuance represents one of …

Corporate bonds of Desarrollos Comerciales, S.A. Read More »

Impulsando nuevas oportunidades en el sector inmobiliario a través del mercado de capitales panameño

Capital Markets, Real Estate, Transactions / By

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 …

Impulsando nuevas oportunidades en el sector inmobiliario a través del mercado de capitales panameño Read More »

Alcogal advises BofA Securities and J.P. Morgan in Mobiliare LatAm’s landmark USD 500 million international issuance

Capital Markets, Real Estate, Transactions / By

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.

Driving new opportunities in the real estate sector through the Panamanian capital markets

Capital Markets, Finance, Real Estate, Transactions / By

Congratulations to Aurora SM Ventures, Corp. on the successful placement of its US$55 million corporate bond issuance, registered with the Superintendency of the Securities Market of Panama and listed on Latinex! In this transaction, Alcogal provided legal advice throughout the entire process, which involved Aurora SM Ventures, Corp. as issuer and Multibank, Inc. as structurer. …

Driving new opportunities in the real estate sector through the Panamanian capital markets Read More »