US$101 million financing for EMP Energy Ltd.

Arias, Fábrega & Fábrega represented Pro Strategic Investors Ltd., the Bank of New York Mellon (Singapore Branch) and PT Bank CIMB Niaga Tbk, in connection with the financing made available to EMP Energy Ltd., in the approximate aggregate amount of US$101 million, secured by, inter alia, a Panamanian incorporated company.

ARIFA provided thorough analysis regarding tax implications of having a Panamanian guarantor and extensive assessment on Panamanian corporate matters, including share ownership.