Maquinaria Especial and Polibio’s US$1.54 Million Financing

Matsui & Salem Abogados, S.C., represented the borrowers Maquinaria Especial and Polibio, while Gonzalez Calvillo represented the creditor Banco General, S.A.

Banco General, the largest private equity bank in Panama, granted a USD$1.54 million financing to the entities of Grupo Polibio and Maquinaria Especial. As part of this matter, the firm advised Banco General in certain processes for the cancellation of guarantees previously granted by the borrowers’ team, as well as in the assignment of certain collection rights on leases to operate as a source of payment. and collateral.

The Matsui & Salem Abogados’ team included José Salem (partner) and Guadalupe Montes.

The Gonzalez Calvillo team was led by Bernardo Reyes Retana K. (Picture), Partner, with Pedro Buchanan G., Associate and Fernando Blanco G., Associate.

Involved fees earner: Fernando Blanco González – Gonzalez Calvillo Abogados; Pedro Walter Buchanan García – Gonzalez Calvillo Abogados; Bernardo Reyes Retana – Gonzalez Calvillo Abogados; Guadalupe Montes – Matsui & Salem Abogados; José Francisco Salem Alfaro – Matsui & Salem Abogados;

Law Firms: Gonzalez Calvillo Abogados; Matsui & Salem Abogados;

Clients: Banco General, S.A.; Maquinaria Especial;