Galindo, Arias & López acted as Panamanian counsel to Cable Onda S.A., a Panamanian corporation which is the leading provider of residential Pay-TV, fixed broadband Internet and fixed telephony in Panama, in connection with the global offering of unsecured notes in the amount of US$600,000,000.00, which proceeds will be used, inter alia, to repay certain obligations incurred by the company to finance the purchase of Telefónica Panamá (the leading mobile provider in Panama).
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