Alcogal advises IDB Invest as anchor investor in Banistmo S.A.’s USD 100 million sustainable bond issue.

Alcogal acted as the Panamanian legal advisor to IDB Invest in its role as an anchor investor in the issuance of sustainable bonds by Banistmo S.A., for a total amount of US$100 million.

Alcogal acted as legal advisor for the corporate securities issue of Banco Ficohsa (Panama) S.A. and accompanied it at the bell-ringing ceremony at Latinex.

Alcogal advised Banco Ficohsa (Panama), S.A. on the registration of its Revolving Corporate Securities Programme for up to US$30,000,000.00, structured by Global Bank Corporation.

Alcogal acted as Panamanian legal counsel to Bank of America Securities, JP Morgan Securities, and Jeffries in Bladex’s first international AT1 bond issue for USD 200 million.

We acted as Panamanian legal advisors in Bladex’s first international AT1 bond issue, which reached US$200 million and was widely welcomed by international investors.

Alcogal advises BBVA Colombia on obtaining its International Banking Licence in Panama

Alcogal advised BBVA Colombia on the process of obtaining its International Banking License from the Superintendency of Banks of Panama (SBP).

Alcogal advised Scotiabank as arranger and 14 banks on a syndicated loan for Naturgy Panama.

In August 2025, we acted as legal advisors to Scotiabank, as arranger, and to a syndicated group of 14 banks, in a syndicated loan of $ 350 million granted to Naturgy Panama.

Alcogal participates in a historic financial transaction that consolidates BAC as a regional benchmark.

July 2025. Alemán, Cordero, Galindo & Lee (Alcogal) provided comprehensive advice to BAC International Bank, Inc. in the closing of a USD 500 million international syndicated financing, the most significant in its category in the history of Panamanian banking.

Alcogal advised CPKC and Lanco/Mi-Jack in the sale of PCRC to APM Terminals.

Abril 2025. Alemán Cordero, Galindo & Lee (Alcogal) has had the pleasure of participating as advisors to CPKC and Lanco Group/Mi-Jack in the sale of Panama Canal Railway Company to APM Terminals. Since the beginning of the concession in 1998, we have accompanied the company, advising them on all their legal needs, which is a …

Alcogal participated in the structuring of a USD 2 billion financing to Grupo Nutresa. Alemán, Cordero, Galindo & Lee (Alcogal) advised on the structuring of the financings for Grupo Nutresa in Colombia, a transaction valued at USD 2 billion.

April 2025. Grupo Nutresa is one of the leading conglomerates in the food sector in Latin America, with operations in more than 14 countries and a presence in more than 80 markets.

Alcogal is acting as legal advisor to The Bank of Nova Scotia in the transaction involving the transfer of its banking operations in Colombia, Costa Rica, and Panama to Banco Davivienda.

Jan 2025. Alemán, Cordero, Galindo & Lee (Alcogal) is acting as legal advisor to The Bank of Nova Scotia in the recent transaction involving the transfer of its banking operations in Colombia, Costa Rica, and Panama to Banco Davivienda.

Alcogal: 40 Years Looking Toward the Future

Panama City,  2025 – Forty years ago, Jaime Alemán had a clear vision: to build a law firm that would redefine excellence in the practice of law in Panama. To bring this vision to life, he gathered a team of strategic partners who shared his commitment to integrity, quality, and trust in legal service. Together, …