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Pilar Castillo

ARIFA acts on $90m loan from Banesco

Panamanian law firm Arias Fábrega & Fábrega has acted as legal advisor to Banesco (Panama) in connection with a ten-year USD $90 million loan, co-arranged between ArtCap Strategies and Apollo Global Funding.

Morgan & Morgan advised ArtCap and Banistmo Investment Corporation,as trustee.

Banesco Panama is one of the largest banks in Panama in terms of deposits and is part of the Banesco International financial group with presence in 14 countries.

Morgan & Morgan’s team included partner Kharla Aizpurúa Olmos, senior associate Alejandro Vásquez, international associate Miguel Arias Mamais and lawyer Arantxa Fernández.

ARIFA’s team was led by partner Pilar Castillo (pictured), with support from senior international associate Cedric Kinschots, international associate Isabella de la Guardia, and associate David Polo.

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L Giselle Estrada

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