Arias, Fábrega & Fábrega advised Banco General in connection with the first public bond issuance by Cable Onda, S.A., Panama's leading locally owned full service telecom provider.  The bonds were issued in two series, a series A for US$30 million, and a series B for US$70 million.

Banco General is Panama's second largest bank, created in 1955, part of the Panamanian holding Grupo Financiero BG.  The financial institution provides a wide range of financial products and services including personal banking, commercial and private trusts.

Cable Onda serves under one roof a broad base of individual customers, small and medium sized businesses, multinational corporations and government entities by delivering innovative pay - TV, broadband internet, telephony and corporate data services.