Department profile
Alfaro, Ferrer & Ramírez

Capital Markets

Latin America Guide 2027 : Panama


Alfaro, Ferrer & Ramírez

Rankings

About

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.

Clients (11)

  • CFG Group (Financiera El Sol)
  • Global Bank
  • J. Safra Sarasin Group
  • Banco Aliado
  • Credicorp Bank
  • Flex Funds
  • Banesco
  • Grupo Arrocha
  • Star Group Investments
  • Citibank
  • IDB Invest

Industries (4)

  • Investment Banking
  • Financial Services Industries
  • Real Estate
  • Retail

Chambers Review

Provided by Chambers

Capital Markets - Panama

Band 2

Band 2


What the Team is Known For

Alfaro, Ferrer & Ramírez possesses an admired capital markets practice, frequently advising real estate funds, consumer finance companies, regional banks and multilateral organisations on Panamanian and international debt and equity issuances. The team boasts notable experience in green and social impact bonds and regularly assists clients with regulatory matters, including advising broker-dealers on financial licensing requirements.

Work Highlights

Provided by Chambers

  • Alfaro, Ferrer & Ramírez advised GB Group Corporation on the structuring, registration, listing and issuance of a USD300 million public revolving subordinated corporate bond programme established by a Panamanian financial holding company.

Strengths

Provided by Chambers

  • Alfaro, Ferrer & Ramírez have in-depth regulatory knowledge, a practical and business-oriented approach and a high level of client engagement. They combine solid capital markets experience with expertise in international structures and cross-border matters, enabling them to manage complex mandates efficiently and strategically.

    Capital Markets respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 2María Alejandra Cargiulo
    Band 2María Alejandra Cargiulo

    María Alejandra Cargiulo

    Solid partner María Alejandra Cargiulo continues to receive notable plaudits from clients for her assistance with capital market issues in Panama.

    • María Alejandra Cargiulo has strong expertise in the field. She stands out for her technical experience, her precision and her ability to provide clear and reliable guidance on regulatory processes and product structuring.

      Capital Markets respondentLatin America
  • Associates to watchAna Raquel Sedda
    Associates to watchAna Raquel Sedda

    Ana Raquel Sedda

    Associate-to-watch Ana Raquel Sedda continues to receive significant endorsements from clients for her capabilities in the Panamanian capital markets domain.
    • Ana Raquel Sedda has a solid understanding of the regulatory framework and business operations. She provides clear and structured legal advice and supports regulatory processes and the effective implementation of legal structures.

      Capital Markets respondentLatin America

Ranked Individuals at Alfaro, Ferrer & Ramírez (2)

Panama

Members

Provided by Alfaro, Ferrer & Ramírez

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership