Alcogal acts in first issue of social bonds in Panama

Alemán Cordero Galindo & Lee has advised Microserfin, as issuer, and Banco General, as structurer and underwriter, in the registration and placement of the first series of social bonds in Panama listed on Latinex.

The bonds have a Moody’s rating of BBB and the issuance is aligned with the UN Sustainable Development Goals.

Alcogal’s team was represented by partner Rafael Marquínez (pictured).