Hernández & Cía. Abogados advised the Republic of Peru in its international issuance of sovereign debt for 1,1 Billions Euros.

The transaction had a considerable demand –4.25 Billons Euros- and the bonds were placed at an record interest rate of 2.751% due 2026, according to official sources.

The transaction was arranged by BBVA, BNP Paribas and JP Morgan, who acted also as Global Coordinators and Underwriters. This issuance was made in Euro currency because the Republic wanted to widen its investors' base on this kind of debt instruments, usually located in the United States.

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