Panama, July 31, 2026. Morgan & Morgan advised Green Tower Properties, Inc., a Real Estate Investment Company ("Green Tower Properties" or the "Issuer"), on the issuance and successful placement of corporate bonds totaling US$35.875 million. The bonds were registered with Panama’s Superintendencia del Mercado de Valores ("SMV") pursuant to SMV Resolution No. 276-26 dated June 22, 2026.

The issuance comprised Series A, in the amount of US$11.325 million, with a five-year term and a 6.00% fixed annual interest rate, and Series B, in the amount of US$24.550 million, with a seven-year term and a 6.25% fixed annual interest rate.

The offering generated demand exceeding US$40 million and attracted institutional and individual investors, as well as private banking participants, reflecting market confidence in the quality of the Issuer’s assets, its financial performance, and the structure of the offering.

The proceeds were used primarily to refinance existing financial obligations, helping optimize the Issuer’s debt maturity profile.

Green Tower Properties owns office and retail space in MMG Tower, a Class A+ office building located in Costa del Este, Panama City. The property is LEED Gold certified and has a 92% occupancy rate.

The secured series under the program were assigned an AA-.pa rating with a Stable outlook by Moody’s Local Panamá.

Morgan & Morgan acted as legal counsel to the Issuer in connection with the offering. MMG Bank Corporation served as structurer and placement agent, and Global Financial Funds Corp. acted as trustee.

The transaction underscores the importance of Panama’s capital markets as a financing alternative for issuers with high-quality real estate assets and financial optimization objectives.

The Morgan & Morgan team that advised on the transaction was comprised of partner Ricardo Arias and associate Eduardo Oteiza.