The ACP will use the net proceeds of the offering to finance in part the construction of a new bridge crossing the Panama Canal on its Atlantic Ocean end. Any remaining funds will be used for general corporate purposes.

The Shearman & Sterling team included partner Manuel Orillac (New York-Capital Markets) and associates Grissel Mercado (New York-Capital Markets), Jeffrey Tate (Washington, DC-Tax), Richard Bass (New York-Capital Markets), Michael Daly (Washington, DC-Tax) and John Slater (New York-Corporate).