Morgan & Morgan advised Balboa Bank & Trust Corp. in the offering of 25,000 Preferred Stocks for an amount of up to US$25 million

September, 2015 - Panama, Panama

Morgan & Morgan represented Balboa Bank & Trust Corp., a Panamanian investment bank, in the public offering of 25,000 Preferred Stocks issued by Latin American Kraft Investment Inc. (LAKI), a multinational company with important presence in Central and North America, leader in the manufacture industry on the region. In such public offering Balboa Bank & Trust, Corp., acted as the arranger and also as the payment and register agent and its affiliated Balboa Securities Corp., acted as the placement agent in the primary market. For purposes of such public offering Latin American Kraft Investment Inc., registered with the Superintendency of the Capital Markets of Panama, Preferred Stocks with a value of up to US$25,000,000.00. This is the first public offering of securities performed by Latin American Kraft Investment Inc., in the Republic of Panama.

Partner Francisco Arias and associates Ricardo Arias and Pablo Epifanio, participated in this transaction.

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