Republic of Peru sovereign note exchange offer

1/3/2015
Sovereign bond issue, Bond/note exchange offer

Completed

1/3/2015


Overview:

  • The Republic of Peru swapped its 6.95% notes due in 2031 for NS4.4 billion PEN and $545 million 5.63%  notes which reach maturity in 2050.
  • BBVA Securities, Morgan Stanley and Deutsche Bank Securities acted as underwriters and arrangers.
  • Hernández & Cía Abogados and White & Case advised the issuer.
  • Garrigues (José Francisco Meier) and Shearman & Sterling (Antonia Stolper) advised the underwriters.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Peru

Deal types:

Sovereign bond issue
Bond/note exchange offer

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy


Firms:

Party: BBVA (Underwriter)

Party: Morgan Stanley (Underwriter)

Party: Deutsche Bank AG Na ON (Underwriter)


Party: Republic of Peru (Issuer)


Party: BBVA (Underwriter)

Party: Morgan Stanley (Underwriter)

Party: Deutsche Bank AG Na ON (Underwriter)

Lawyer: Antonia Stolper


Party: Republic of Peru (Issuer)