Department profile
Morgan & Morgan

Capital Markets

Latin America Guide 2027 : Panama


Morgan & Morgan

Rankings

About

Provided by Morgan & Morgan

Recent relevant transactional experience includes among others:

Advising Supermercados Xtra, S.A. in the registration of common shares for an amount of up to US$45.5 million. This transaction was the first placement of common shares in Panama by an issuer of the retail sector in the last 20 years.

Advising Banco General, S.A., and Banistmo, S.A. in the public offering and issuance by Fountain Hydro Power Corp. of corporate bonds for an amount of up to US$110 million.

Advising Cirsa, one of the leading gaming companies in Spain, Italy and Latin America, in the offering of €615,000,000 aggregate principal amount of 4.500% Secured Notes due 2027.

Advising Banco La Hipotecaria, S.A. in the public offering of Mortgage Loan Notes for an amount of up to US$112,500,000.00.

Advising Latin American Kraft Investments, Inc., a global company engaged in the business of packaging manufacturing, in the public offering of cumulative preferred shares for an amount of up to US$50,000,000.

Advising Marevalley Corporation, a holding company of subsidiaries engaged in the consumer finance business in Panama, Costa Rica, El Salvador, Nicaragua and Mexico, in the public offering of corporate bonds to be issued in series under a revolving program for an amount of up to US$150,000,000. 

Clients (23)

  • Banco General
  • Banistmo
  • Banco La Hipotecaria
  • Cirsa Gaming Corporation
  • CM Realty
  • PANACREDIT
  • Credit Suisse
  • Deutsche Bank
  • MMG Bank Corporation
  • Morgan Stanley
  • Multibank
  • The AES Corporation
  • Empresa Nacional de Energia
  • Hidroeléctrica Bajos del Totuma
  • Grupo Mercantil
  • Avianca Holdings
  • Inmobiliaria Nidaco
  • Latin American Kraft Investments
  • Norfolk
  • Insignia
  • Supermercados Xtra
  • Grupo Cochez
  • Mercantil Servicios Financieros Intl.

Industries (9)

  • Banks
  • Education
  • Government
  • Real Estate
  • Utilities
  • Energy
  • Financial Services
  • Mining and Metals
  • Transportaion

Chambers Review

Provided by Chambers

Capital Markets - Panama

Band 2

Band 2


What the Team is Known For

Morgan & Morgan offers a highly regarded capital markets practice that is experienced in advising on the issuance of debt and equity securities through private placements and public offerings in Panama. The team has strong expertise across sovereign, green and corporate bond issuances, in addition to handling initial public offerings. The department is equally capable representing major corporate issuers and financial institutions acting as underwriters and initial purchasers.

Work Highlights

Provided by Chambers

  • Morgan & Morgan represented Banistmo and Brightstar Management in the structuring of a public offering of a revolving corporate bond programme aimed at refinancing existing debt and providing funding for general corporate purposes.

Strengths

Provided by Chambers

  • Morgan & Morgan has specialised knowledge of the market and financing structures. The team provides personalised and readily available service, responds promptly, offers the support required to close transactions and proposes structures that align with clients’ needs.

    Capital Markets respondentLatin America

Notable Practitioners

Provided by Chambers

  • Eminent PractitionersFrancisco Arias
    Eminent PractitionersFrancisco Arias

    Francisco Arias

    Eminent practitioner Francisco Arias has experience as counsel to issuers, underwriters and initial purchasers on public and private offerings of bonds and shares in Panama.

    • Francisco Arias is highly regarded and has an outstanding track record in the capital markets sector.

      Capital Markets respondentLatin America
  • Band 2Ricardo Arias
    Band 2Ricardo Arias

    Ricardo Arias

    Dynamic partner Ricardo Arias continues to garner praise from interviewees for his expertise in bond offerings and stock issuances in Panama.

    • Ricardo Arias has extensive knowledge of the capital markets and understands the business perspective. He is willing to offer ideas that help achieve results, and his high-quality advice provides our institution with comprehensive risk protection.

      Capital Markets respondentLatin America

Ranked Individuals at Morgan & Morgan (2)

Panama

Members

Provided by Morgan & Morgan

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