Provided by SIGMA International and Global Market Attorneys
SIGMA's work in the Banking & Finance Department involves the preparation and negotiation of financing agreements governed indistinctly by Panamanian or foreign laws, and Panamanian law collateral packages at all levels of complexity. SIGMA's expertise in collateral documents resulted, for example, in SIGMA's being the law firm that initially drafted the trust agreement that was used to sever ownership of the Soho Mall and the department-store chain Félix B. Maduro from their ultimate beneficial owner when the person was placed on the OFAC list in 2017. SIGMA has also participated heavily in the preparation and negotiation of the first collateral trust agreement in Panama that permits securing different financing facilities at the same time with multiple independent pools of assets. Finally, SIGMA structured the first trust agreement that was used to secure successive financing facilities, a legal technology that is slowly being incorporated as a standard feature in collateral trust agreements for large financings in Panama.
SIGMA has also assisted clients in the financing of large infrastructure projects. For example, SIGMA assisted the consortium that built Line 2 of the Panamanian metropolitan railway and the extension of that line, aggregating more than US$800,000,000; and also assisted the consortium that will build the fourth bridge over the Panama Canal in a financing aggregating almost two billion dollars.
Provided by Chambers
Boutique firm SIGMA International and Global Market Attorneys, located in Panama City, joins the banking and finance table this year. The team offers expertise in acquisition and project financing as well as supporting its clients in loan facilities. The legal department receives praise for its knowledge and customer service.
Provided by SIGMA International and Global Market Attorneys
SIGMA acted as Panamanian counsel to EnfraGen in connection with the acquisition and financing of Celsia’s generation assets in Costa Rica and Panama.
Provided by Chambers
SIGMA has a great capacity to adapt to any type of situation, always demonstrating great knowledge, empathy and the ability to achieve our objectives.
SIGMA has a great capacity to adapt to any type of situation, always demonstrating great knowledge, empathy and the ability to achieve our objectives.
Provided by Chambers
Experienced partner Cecilio Castillero remains an important name in Panama's banking and finance practice. He is regularly seen advising clients on project finance mandates.
Cecilio Castillero is a very experienced lawyer, who has provided us with valuable knowledge throughout acquisitions, as well as regulatory and finance matters. He is a kind and empathetic person.
Associate-to-watch Monica Moreno joins the table this year after gaining recognition for her project finance support.
Monica Moreno is a focused, responsible, empathetic and goal-oriented counsel.
Provided by SIGMA International and Global Market Attorneys
Provided by SIGMA International and Global Market Attorneys
BG Trust
Consorcio Lìnea 2
Consorcio Panamá Cuarto Puente
Constructora Urbana, S.A.
Darby
EnfraGen
Global Bank
InterEnergy Group
Provided by SIGMA International and Global Market Attorneys
Banking
Energy
Infrastructure