Oliver Muñoz

Practice Areas

Banking and Finance

Blockchain, Cryptocurrency & Digital Assets

Capital Markets

Commercial Law | Mergers & Acquisitions

Private Wealth Law

Professional Memberships

Panama Bar Association

Work Highlights

Advised the Inter-American Investment Corporation (IIC) in the due diligence process and structuring of a revolving credit line of up to US$12 million for Banco Aliado S.A.

Advised the IIC in the due diligence process and legal structuring of a loan of up to US$6 million to Multibank, Inc.

Advised the IIC in the due diligence process and legal structuring of a loan of up to US$10 million to Banco Bilbao Vizcaya Argentaria Panamá S.A. (BBVA Panamá).

Advised in the structuring of an offshore private equity fund that invests in the healthcare and energy sectors in Colombia and South America.

Legal advice to a foreign investment group for the establishment and operations of a leading handcrafted brewing company in Panama.

Advised a local bank in the establishment and recognition a professional fund and licensing of an approved manager in the British Virgin Islands.

Legal advice in the structuring of a syndicated loan, the proceeds of which will go to finance the construction of the largest mall in the Province of Chiriquí, Republic of Panama.

Advised in the structuring of a private bond issuance for an leading outdoor international advertising company in the Republic of Panama.

Advised a publicly listed online food-delivery service based in Berlin, Germany to acquire, though one of its affiliates, a leading company from this sector in Panama.

Legal advice in the structuring and registration of Panama Real Estate Development Fund, Inc., a Real Estate Investment Company in the Republic of Panama.

Advised in the issuance of corporate bonds for an amount up to US$100 million by Albrook Leasing Company Inc.

Advised in the issuance of corporate bonds for a total of US$84.5 million by Inmobiliaria Cervelló, S.A.

Legal advice in the issuance of a revolving corporate bonds program for an amount up to US$100 million by Inmobiliaria Cervelló, S.A.

Advised in the issuance of a revolving corporate bonds program for an amount up to US$300 million by Empresa de Transmisión Eléctrica, S.A. (ETESA).

Advised in the issue of a revolving corporate bonds program for an amount up to US$50 million by Financiera El Sol, S.A.

Advised in the acquisition of the local operations of a luxury car dealer company in the Republic of Panama

Legal assistance to the client with the registration at the Superintendence of the Securities Market and the listing of the bonds at the Panama Stock Exchange of an initial public offering of 9,000,000 common shares at a value of US$ 232 million. The funds raised by the placement of the Common Shares will be destined exclusively to the investment in the development and construction of the Ritz-Carlton Reserve located at two of the most spectacular beaches of Pearl Island: Playa Don Bernardo and Playa Mague, Republic of with a total value of USD 232 million. These common shares have already been recognized by the Panama Tax Authority as eligible for the tax incentives for the promotion of tourism in the countryside of the Republic of Panama. - US $ 232 Million

11. We assisted the client with the registration and issuance of revolving corporate bonds at the Superintendence of the Securities Market and the listing of these bonds at the Panama Stock Exchange. This issuance was registered with the purpose of paying the issuer’s debt and completing the construction of a shopping center and transportation terminal: Federal Mall. As for the complexity: This matter was challenging because 287 lots were being delivered as collateral (through a Guarantee Trust - which was also handled by our professional team). In addition, a syndicated loan that the issuer had with 13 different banking institutions was canceled. US $ 180 Million

12. We advised the client on the registration at the Superintendence of the Securities Market and the listing of the bonds at the Panama Stock Exchange of a new class of real estate investment trust – Class G for 115,000 common shares at a value of USD 115 million. The funds raised by the placement of the Class "G" Common Shares will be destined exclusively to the investment in the development and construction of the public tourist lodging project called "Punta Bocas Luxury Resort and Hotel", located in the District of Changuinola, Province of Bocas del Toro with a total value of approx. USD 216 million. These common shares have already been recognized by the Panama Tax Authority as eligible for the tax incentives for the promotion of tourism in the countryside of the Republic of Panama. US $ 115 Million

We assisted the client with the registration at the Superintendence of the Securities Market and the listing of the bonds at the Panama Stock Exchange of a new class of real estate investment trust – Class C for 100,000 common shares at a value of USD 100 million. The funds raised by the placement of the Class "C" Common Shares will be destined exclusively to the investment in the development and construction of the public tourist lodging project called "Punta Bocas Luxury Resort and Hotel", located in the District of Changuinola, Province of Bocas del Toro with a total value of approx. USD 216 million. These common shares have already been recognized by the Panama Tax Authority as eligible for the tax incentives for the promotion of tourism in the countryside of the Republic of Panama. US $ 100 Million

Advised Bi-Bank , S.A., a Panamanian bank that began operations in January 2016 and is part of Corporación BI, one of the largest financial organizations in Central America and the largest in Guatemala, in the registration of a Revolving Program of Negotiable Commercial Securities for a value of up to fifty million dollars (US$50 Million) at the Superintendency of Securities Market and the Latin American Stock Exchange so that the Issuer could offer them publicly in series.

Acted as legal counsel to Cervello Holding S.A. in the registration process at the Superintendencia del Mercado de Valores de Panamá ("SMV") for the public offering and listing of up to 100,000,000 participation quotas in the Bolsa Latinoamericana de Valores S.A. ("Latinex").

Languages Spoken

English

Spanish

Education