Project Finance

With one of the most experienced project finance teams of any Panamanian law Firm, we represent the full spectrum of project participants, including lenders, underwriters, sponsors, project joint ventures, contractors, government agencies and multilateral institutions.

FABREGA MOLINO assist clients in investment opportunities, structuring, establishment and protection. Upon client’s request, we assist them in putting together a complete package conceiving all aspects of the project and investment in the country, including its finance and corporate and tax structure.

We combine strong legal skills with deep industry knowledge. The depth of our project finance teams enables us to field multiple teams simultaneously to handle the most complex transactions.

The Firm also facilitates the finance and establishment process by contacting and connecting the client with the pertinent authorities, in the government or private sector, in order to expedite the process.

Relevant Transactions:

  • FMM participated in the Aeropuerto Internacional de Tocumen S.A. (AITSA) bond issue project for the amount of US$ 600,000,000.00. The securities were sold both in the local and international markets, and the funds will be used for the airport’s expansion program. FMM advised Prival Bank S.A. who was leading the local bond issue, while Citibank was leading the international bond issue that shared the collateral package.
  • FMM advised an international financial institution in the granting of a US$300,000,000.00 loan to a Panamanian company operating in Panama, secured with pledges and mortgages of assets located in Panama.
  • Counsels of a financing in the amount of US$140,000,000.00 for the construction and development of a 58MW hydroelectric plant awarded to eight international crediting entities, including the completion of the conditions precedent of each disbursement.
  • Legal advisors of the Canadian company, Franco-Nevada for the $1 billion precious metals stream financing to the Cobre Panama Project, with Inmet Mining Corporation. Franco-Nevada will get about 86 percent of precious metals output from Inmet’s share of production from the mine under the deal. The Cobre Panama Project is one of the world’s largest copper, gold, silver, molybdenum porphyry deposits currently being constructed.