Arias, Fábrega & Fábrega
Client SatisfactionThe capital markets practice at Arias, Fábrega & Fábrega is renowned for its stellar track record of advising on initial public offerings of Panamanian corporations, both locally and on the New York Stock Exchange (NYSE), and of acting for the underwriters on international bond issuances by the Republic of Panama. The team’s experience further extends to advising on cross-border Rule 144A/Reg S notes offerings and, recently, the first public issuance of green commercial paper in Panama. Its impressive client roster includes some of Panama’s largest banks, as well as major international financial institutions. Estif Aparicio, who has built considerable experience in international sovereign bond issuances, leads the team alongside co-managing partner Ricardo Arango, a high-profile name for debt and equity capital markets matters. The practice also benefits from the expertise of Fernando Arias F, Javier Yap Endara and international senior associates Donald Canavaggio and Cedric Kinschots.
Key clients
- Citibank/Citigroup Global Markets
- Banco General
- Global Bank
- Banco Latinoamericano de Comercio Exterior (Bladex)
- Inter-American Development Bank (IDB)
- Bank of America Merrill Lynch
- JPMorgan Securities
- Credit Suisse Securities (USA)
- Deutsche Bank
- Scotiabank
Work highlights
- Advised AV Securities on the first-ever registered issuance of short-term green commercial paper in Panama's history.
- Advised Bladex on the registration of its inaugural Panamanian revolving bond programme.
- Advised Morgan Stanley & Co and Prival Securities as the initial purchasers of $700m in Panama law-governed sovereign notes (Pabonos).
Lawyers
Practice head
The lawyer(s) leading their teams.
Estif Aparicio, Ricardo Arango