Arias, Fábrega & Fábrega acted as Panamanian counsel to Deutsche Bank AG as mandated lead arranger, Global Loan Agency Services Limited as agent, GLAS Trust Corporation Limited as security agent, and other leading lenders on a secured term loan facility of up to US$150 million for Pegasus Group’s vessel-owning subsidiaries.

The facility refinances and strategically expands the group’s fleet, secured by first-priority Panamanian naval mortgages. ARIFA led all Panamanian legal aspects, ensuring lender security while coordinating cross-border compliance.

This deal reinforces ARIFA’s position as a top maritime finance advisor, delivering complex, multi-jurisdictional collateral solutions for global financial leaders.