Latin America Guide 2026 : Panama
Ranked Individuals
Provided by Alfaro, Ferrer & Ramírez
AFRA represents local and international clients such as investment banks, securities intermediaries and issuers on all matters relating to securities offerings, brokerage, licensing and regulatory compliance.
Our experienced team advises clients on public and private offerings, including transactions with cross border components, representing issuers as well as underwriters. Our services include structuring and registration of equity and debt securities along with structuring of investment funds, secured and unsecured financing, and securitization structures.
Recent work includes a public offering for financing the acquisition of a local bank and cross-border public securitization by a financing company with operations in Panama and abroad.
Provided by Chambers
Alfaro, Ferrer & Ramírez possesses an admired practice, often advising real estate funds, consumer finance companies, regional banks and multilateral organisations on Panamanian and international issuances of debt and equity. The team boasts experience advising on green and social impact bonds, as well as handling regulatory mandates, such as counselling broker-dealers on financial licences.
Provided by Chambers
Alfaro, Ferrer & Ramírez advised PACORA FINANCIAL INVESTMENTS on the structuring, registration and listing of a USD40 million public revolving secured and unsecured corporate bond programme, in its debut as a public issuer.
Provided by Chambers
Alfaro, Ferrer & Ramírez offers a personalised and technical service. They show accessibility, reliability and efficiency, and give high-quality advice.
Provided by Chambers
Solid partner María Alejandra Cargiulo continues to receive notable plaudits from clients for her assistance with capital market issues in Panama.
María Alejandra Cargiulo provides answers to all our questions quickly and clearly. She's readily available to assist.
Ana Raquel Sedda is very helpful with matters related to the regulators.
Capital Markets
Capital Markets
Provided by Alfaro, Ferrer & Ramírez
Roberto Harrington Arango
Ana Raquel Sedda
Maria Alejandra Cargiulo
Head of Department
Luis R López Alfaro
Head of Department
Ana Raquel Sedda
View profile of Ana Raquel SeddaMaría Alejandra Cargiulo
View profile of María Alejandra Cargiulo
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