Capital Markets
Latin America Guide 2025 : Panama
Band 3
About
Provided by Virtú Atelier Legal
Virtù prides itself on its extensive expertise in Capital Markets, offering a wide range of legal services that cover both regulatory and transactional matters. The team experience includes obtaining licenses, issuing securities, providing legal opinions for the financial sector, and managing dissolution and liquidation processes before key regulatory bodies such as the Superintendency of Banks of Panama, the Panamanian Superintendency of Insurance and Reinsurance, and the Superintendency of the Securities Market of Panama. Virtù serves as a trusted institutional legal advisor to prominent banks, family offices, and broker houses in Panama, assisting them with their daily operations, financial transactions, corporate governance, compliance, and regulatory issues. The firm offers specialized services in structuring public and private securities offerings, project finance, debt financing, loan security packages, and debt restructuring. The team is also highly knowledgeable in the issuance of negotiable instruments, asset securitization, investment funds, and the structuring and documentation of mortgage credits and syndicated loan contracts.
The firm’s professionals are recognized as experts in the banking, financial, and securities sectors, serving on the boards of leading banking institutions, broker houses, and real estate investment funds, including one of Panama's first sustainable funds aimed at democratizing investment opportunities for retail investors.
Chambers Review
Virtú Atelier Legal possesses an active capital markets practice group in Panama with significant experience advising on securitisation, corporate bond issuances and IPOs, as well as on the structuring of REITs. The legal department routinely assists clients from the banking and real estate industries.
Work Highlights
- Virtú Atelier Legal assisted Parque Eolico Toabre with the public offering of its USD200 million corporate green bonds, one the first green emissions in Panama.
Strengths
Provided by Chambers
"Virtú Atelier Legal's expertise in Panama's capital markets is invaluable to our operations. Its lawyers have a diverse range of expertise, provide a top service and are reachable."
"Virtú Atelier Legal's expertise in Panama's capital markets is invaluable to our operations. Its lawyers have a diverse range of expertise, provide a top service and are reachable."
Notable Practitioners
Versatile partner Ana Lucrecia Tovar is frequently sought out by Panamanian and international banks and real estate developers to assist with public and private issuances of debt. She is earns plaudits for her long-standing career and specialism in capital markets.
"Ana Lucrecia Tovar is an expert in the capital markets field and adds value to our operations."
"Ana Lucrecia Tovar is one of Panama's leading lawyers in capital markets and banking services. Her experience and advice are unmatched."