ARTICLE
8 August 2016

Advised The Republic Of Peru In Its International Issuance Of Sovereign Debt For The Total Amount Of 1.1 Billions Euros

HC
Hernandez & Cia

Contributor

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

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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More