US$20 million publicly registered offer of preferred shares of Grupo Bandelta

Arias, Fábrega & Fábrega represented Grupo Bandelta Holding, Corp., the holding company of Banco Delta, S.A. (BMF) in connection with a a publicly registered offer of preferred shares. The offer was approved for a total amount of up to US$20 million, registered with the Superintendence of Capital Markets of the Republic of Panama and offered through the Panama Stock Exchange.