Alcogal is proud to have acted as Panamanian legal counsel to Bank of America Securities, JP Morgan Securities, and Jefferies in Bladex’s first international Additional Tier 1 (AT1) bond issuance, which successfully raised US$200 million.
This milestone transaction was led by Bank of America Securities and JP Morgan Securities as lead coordinators, with Jefferies serving as co-manager. The issuance was met with strong interest from international investors, underscoring Bladex’s solid reputation and the strength of Panama’s financial sector.
Alcogal’s legal team was led by Managing Partner Arturo Gerbaud, alongside Partners Rita de la Guardia and Rafael Marquínez, who provided comprehensive legal support throughout the process.
This transaction marks a significant step in Bladex’s capital strategy and reinforces Alcogal’s role in advising on complex cross-border financial operations.