August 7, 2026

Milbank Advises Lender on €1.2B Loan Refinancing for the Republic of Panama

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Milbank LLP advised Banco Santander, S.A. as lender in connection with the refinancing of the Republic of Panama's €1.2 billion senior unsecured term loan facility. 

Last year, Milbank represented Banco Santander in the original €1.2 billion senior unsecured term loan facility for the Republic of Panama.

The Milbank deal team was led by Corporate Finance and Securities partner Carlos Albarracín with associate Fernando Quezada and Structured Credit associate Kayla Mannucci.