The authority said the law firm will help it and its financial advisor, Mizuho Corporate Bank, to determine the most advantageous financing options.
Chicago’s Mayer, Brown, Rowe & Maw LLP, has been selected to advise the authority about the procurement and contracting aspects of the project, which by adding a third set of locks will double capacity and allow larger ships to transit the isthmus.
“Shearman & Sterling distinguishes itself as a market leader in infrastructure financing,” said Jorge Quijano, the authority’s engineering and programs management director, adding that the firm’s “project development and finance group enjoys a strong global reputation, especially in Latin America.'
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