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Morgan & Morgan advises MMG Bank on Adelantos Capital loan

  • News
  • 4 February 2020
  • 245
  • 1 minute read

Panamanian law firm Morgan & Morgan has advised MMG Bank Corporation as collateral trustee of a credit facility granted by Glide Master Fund to Adelantos Capital Corp.

pablo epifanio of Morgan & MorganAdelantos Capital is the first wholly online financial institution in Panama, and grants micro-credits in the country under a financial institution licence granted by the Ministry of Commerce and Industry of Panama.

The transaction was the first ever financing granted to a Fintech company in Panama.

Morgan & Morgan senior associate Pablo Epifanio (pictured) represented Morgan & Morgan in this transaction.

adam.critchley@iberianlegalgroup.com

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

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