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Morgan & Morgan 

February, 2018 - Panama, Panama



Morgan & Morgan advised MMG Bank Corporation in the structuring of a program of revolving short-terms notes for an amount of up to US$50 million


Morgan & Morgan advised MMG Bank Corporation in the structuring of a program of revolving short-term notes for US$50,000,000 of Corporacion Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI). The short-term notes were registered with the Superintendency of Capital Markets of Panama.

The issuer of the short-term notes is CIFI and MMG Bank acted as arranger and is engaged as bookrunner and paying agent of the short-term notes. The short-term notes will be issued in different series with maturities of no more than a year. CIFI is a non-banking financial institution that provides financing for infrastructure and energy projects in Latin America and the Caribbean. The shareholders of CIFI include multilateral financial institutions, banks and state development funds. The funds received from the issuance of the short-term notes will constitute a new source of financing for CIFI and will be used to grant new loans for infrastructure projects, finance working capital and refinance all or part of its debts. In the transaction,

Morgan & Morgan’s attorneys worked with the executives of MMG Bank’s department of investment banking in Panama and with the members of CIFI’s finance department.

Partners Inocencio Galindo and Ricardo Arias, and associate Pablo Epifanio, participated in this transaction.


WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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