Arias, Fábrega & Fábrega advised Iris Financial Services Limited (Bermuda) in connection with the international issuers' debut US$50 million registered revolving note program listed on the Bolsa Latinoamericana de Valores (Latinex) exchange.

The firm assisted Iris Financial Services Limited ("IFS") in all matters related to the registration of its revolving note program and the issuance of its first series of Notes. The Program provides for the issuance of both secured and unsecured series of notes by the holding company of the multijurisdictional finance and insurance business.   

With the successful registration of the Program, IFS joins a select group of international issuers that have accessed Panama’s capital markets through a listing on Latinex.

IFS is a holding company for a multijurisdictional group of regulated financial and insurance companies, including ExcelCredit, S.A. (Colombia), Golden Tree Reinsurance Limited (Bermuda), Seguros Iberis LTDA (Colombia), KOA Compañía de Financiamiento S.A. (Colombia) and Kanguro Kanguro Holding Inc. (Miami). The subsidiaries of IFS are involved in the financial, insurance, captive and reinsurance sectors across Colombia, Bermuda and the United States of America.