Republic of Uruguay $1.14 billion sovereign bond issues

20/7/2016
Investment grade bond/note issue, Sovereign bond issue

$ 1.14 billion

Completed

20/7/2016


Overview:

  • The Republic of Uruguay has issued $400 million of 4.375% bonds which reach maturity in 2027 and $747 million 5.1% bonds which reach maturity in 2050.
  • Barclays Capital, BNP Paribas Securities, and JPMorgan Securities acted as joint bookrunners and underwriters.  
  • Cleary Gottlieb Steen & Hamilton (Andrés de la Cruz) advised the issuer.
  • Shearman & Sterling (Antonia Stolper) and Guyer & Regules (Nicolás Piaggio, Florencia Castagnola) advised the underwriter.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Uruguay

Deal types:

Investment grade bond/note issue
Sovereign bond issue

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy


Firms:

Party: Republic of Uruguay (Issuer)


Party: Barclays Capital (Bookrunner, Underwriter)

Party: BNP Paribas (Bookrunner, Underwriter)

Party: JPMorgan Chase (Bookrunner, Underwriter)


Party: Barclays Capital (Bookrunner, Underwriter)

Party: BNP Paribas (Bookrunner, Underwriter)

Party: JPMorgan Chase (Bookrunner, Underwriter)

Lawyer: Antonia Stolper