Profile: Ricardo M Arango

Capital Markets

Biography: Capital Markets

Ricardo M Arango has been with Arias Fabrega & Fabrega since 1987 and became a partner in 1995. He is a member of the firm's executive committee and heads its capital markets and banking team. Mr Arango practises in the areas of capital markets, banking and M&A.

Recent transactions include the US$362 million initial public offering of Copa Holdings on the NYSE; US$300 million note issue of AES Panama; US$100 million note issue of Elektra Noreste; US$120 million note issue of Banco del Crédito de Perú; US$125 million remittance securitisation of Banco Cuscatlán; US$150 million toll-road securitisation of ICA Panamá; US$125 million commercial paper programme of Banco Continental de Panamá; $170 million note issue of Fortuna; US$1.3 billion exchange offer of the Republic of Panama; US$800 million public tender offer of Bancolombia for Banagricola; and the merger of Banco General and Banco Continental.

Mr Arango is secretary of the board of the Banco Latinoamericano de Exportaciones, president of the Panama Stock Exchange and director of Corporacón La Prensa. From 1997 to 1999, he headed the presidential commission that drafted Panama's 1999 Securities Act.

Mr Arango completed his LLB at the University of Panama, (1983); an LLM at Harvard Law School (1984); and an LLM at Yale Law School (1985). He was a Fulbright scholar. He worked for White & Case from 1985 to 1987. He is a member of the Bar in New York and Panama.