Panamanian O&G terminal obtains refinancing

Transaction

Galindo, Arias & López in Panama, in conjunction with Fullbright & Jaworski LLP in New York, negotiated the refinancing of a syndicated loan for $288 million dollars for the oil and gas storage and transportation company Petroterminal de Panamá, S. A., which owns crude oil terminals and a pipeline that connects the Pacific coast of Panama with its Atlantic coast.

The refinancing was made via a syndication of local and international banks led by HSBC Bank USA.