Alemán, Cordero, Galindo & Lee - News

Canacol gets US$265 million multijurisdictional refinancing

23 February 2017

Jones Day in New York, DLA Piper LLP’s Calgary office, Colombian firm Gómez-Pinzón Zuleta Abogados and Maples and Calder in the British Virgin Islands have helped Colombian oil and gas exploration company Canacol Energy obtain a loan of US$265 million from a syndicate of banks led by Credit Suisse.

Promerica funds Citibank Guatemala purchase with multi-jurisdictional financing

16 November 2016

Mayer Brown LLP’s Washington, DC and Chicago offices; Panama’s Arias, Fábrega & Fábrega; Dominican firm Medina Garrigó Abogados; the Salvadorean, Guatemalan, Honduran and Nicaraguan offices of Arias & Muñoz; and Ecuador’s Pérez Bustamante & Ponce Abogados have advised the lenders financing Promerica Financial Corporation (PFC)’s acquisition of Citibank’s credit card and consumer banking business in Guatemala.

Termocandelaria refinances in five jurisdictions

16 November 2016

Gómez-Pinzón Zuleta Abogados in Bogotá, Cayman firm Maples and Calder, and Pamana’s Alemán, Cordero, Galindo & Lee have helped Colombian power generation company Termocandelaria obtain US$245 million in new credit to refinance existing debt.

Alcogal and Morgan & Morgan convene for Argos sale

12 September 2016

Alemán, Cordero, Galindo & Lee has helped Colombian construction company Cementos Argos sell a 20 per cent stake in its Panamanian subsidiary to real estate investor Grupo Provivienda.

Locks open on fourth Panama Canal arbitration

16 August 2016

Adjudicators appointed at the outset of a project to expand the Panama Canal have rejected a US$99 million cost overrun claim, paving the way for a potential fourth ICC arbitration arising from it.

Alemán Cordero, ARIFA, Milbank and Shearman close Tocumen bond offer

02 June 2016

Alemán, Cordero, Galindo & Lee and Shearman & Sterling LLP’s New York, San Francisco and Washington, DC, offices have helped Panama’s Tocumen International Airport issue US$575 million worth of secured bonds, in what is believed to be the largest-ever cross-border issuance by a Panamanian government-owned entity.

Mexico’s Crédito Real expands into Central America

04 March 2016

BLP in San José and Managua, Alemán, Cordero, Galindo & Lee in Panama City and Jones Day in Miami and New York have helped Mexican consumer loan provider Crédito Real acquire a 70 per cent stake in Central American counterpart Instacredit.

Romero Pineda, Consortium and Skadden in Tropigas loan

24 February 2016

Panamanian liquefied gas distributor Tropigas has hired Romero Pineda & Asociados in San Salvador to obtain a US$40 million loan to fund the construction of a transport ship and expand a maritime terminal at the southeastern Salvadorean port of La Unión.

Rebaza helps La Virgen refinance debt

28 January 2016

Brazilian-Peruvian hydropower plant developer La Virgen has called on Rebaza, Alcázar & De Las Casas Abogados Financieros to obtain a US$50 million loan from the Cayman Islands branch of Banco Santander Brasil.

Citi divests in El Salvador

14 January 2016

Arias & Muñoz (El Salvador), Telles & Asociados in San Salvador and Melara & Asociados in Tegucigalpa have helped Honduras’ Grupo Terra buy Citigroup’s consumer and commercial banking businesses in El Salvador.