Alcogal advised Alternegy, S.A., in connection with the issuance of its first debt offer and the registration with the Superintendence of Capital Markets, of the corporate bonds being issued by Banco General, S.A. and Banistmo, S.A. This is one of the year’s largest bond issuances for a corporate issuer in the Panamanian capital market. The issuance consisted of both local and international guarantees, the latter specifically consisting of assets located in the Republic of Costa Rica.


The transaction closed in December 2017.


Partner Arturo Gerbaud, along with associate Rafael Marquínez, were in charge of this transaction.