Latinvex | Milbank Advises $1.3 Bln Panama Canal Tunnel

A South Korean consortium is building the third metro line in Panama City, which will pass under the Panama Canal. Here the Queen Mary 2 in transit on January 24, 2026. (Photo: Panama Canal Authority)

Alec Borisoff and Marcelo Mottesi, Milbank; Daniel Walsh, Akin and Norberto Quintana, Holland & Knight. (Latinvex collage)

Wednesday, January 28, 2026

Legal Briefs.

Milbank Advises $1.3 Bln Panama Canal Tunnel

Akin advises Pan-American-Continental Vaca Muerta deal.

BY LATINVEX STAFF

Milbank advised on $1.3 billion financing for the construction of a tunnel under the Panama Canal; Akin represented Argentine oil company Pan American Energy on its sale of four blocks in Argentina’s Vaca Muerta to U.S. oil company Continental Resources; Milbank advised $150 million credit for Uruguay-based Arcos Dorados, the world’s largest independent McDonald’s franchisee; Greenberg Traurig represented Betterware de México’s $250 million acquisition ofTupperware’s operating assets in Latin America and Holland & Knight advised $75 million loan to Chilean agro-industrial company Empresas IANSA.

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Keywords: Akin, Argentina, Chile, Finance, Greenberg Traurig, Holland & Knight, M&As, Mexico, Milbank, Panama, Uruguay

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