International team assists in US$150-million securitisation of credit card receivables for Primer Banco del Istmo

Arias, Fábrega & Fábrega of Panama and US-based Cleary Gottlieb Steen & Hamilton have assisted Deutsche Bank Alex Brown, as placement agent, in connection with a US$150-million securitisation of credit card receivables for Primer Banco del Istmo, SA. The transaction closed on September 20.