Banco Internacional de Reconstrucción y Fomento’s $1.360 Million Catastrophe bond Offering

Sullivan & Cromwell, Sidley Austin, Creel, García-Cuéllar, Aiza y Enríquez, Cleary Gottlieb Steen & Hamilton and Mayer Brown advised on the transaction

Banco Internacional de Reconstrucción y Fomento (BIRF) executed the offering of Catastrophe bonds to finance a fund for recontruction in case of Earthquake for México, Chile, Colombia and Perú.

The World Bank Group provides financial and technical assistance services for the developing countries.

Sullivan & Cromwell advised the Banco Internacional de Reconstrucción y Fomento (World Bank) with Dennis Sullivan, Jeffrey Hochberg, Paul McElroy, Mark Ma, Manon Scales, Michael Hogan, Precious Nwankwo and Kirsten Rodger.

Sidley Austin advised the underwriters with Joe Gottlieb, Robert Kreitman, Rachpal Thind, Rob Hardy. Kai Zhang and Josh Lingerfelt.

Creel, García-Cuéllar, Aiza y Enríquez advised the Government of Mexico with Eduardo Flores Herrera, Leonel Pereznieto, Jorge Correa, María José Pinillos and Jorge Escalante.

Cleary Gottlieb Steen & Hamilton advised the Government of Chile with Andrés de la Cruz (PIcture), Ignacio Lagos and Belén Pironi.

Mayer Brown advised the Government of Colombia and the Government of Perú with Stephen G. Rooney and Richard B. Spitzer.

 

Involved fees earner: Leonel Pereznieto Del Prado – Creel, García-Cuéllar, Aiza y Enriquez SC; Eduardo Flores – Creel, García-Cuéllar, Aiza y Enriquez SC; Jorge Escalante Zollino – Creel, García-Cuéllar, Aiza y Enriquez SC; Luis Olmos Diaz – Creel, García-Cuéllar, Aiza y Enriquez SC; Jorge Correa Cervera – Creel, García-Cuéllar, Aiza y Enriquez SC; María José Pinillos – Creel, García-Cuéllar, Aiza y Enriquez SC; Stephen Rooney – Mayer & Brown; Richard Spitzer – Mayer & Brown; Dennis Sullivan – Sullivan & Cromwell; Manon Scales – Sullivan & Cromwell; Ke Ma – Sullivan & Cromwell; Precious Nwankwo – Sullivan & Cromwell; Kirsten Rodger – Sullivan & Cromwell; Jeffrey Hochberg – Sullivan & Cromwell; Michael Hogan – Sullivan & Cromwell; Paul McElroy – Sullivan & Cromwell; Andrés De la Cruz – Cleary Gottlieb Steen & Hamilton; Ignacio Lagos – Cleary Gottlieb Steen & Hamilton; Belen Maria Pironi – Cleary Gottlieb Steen & Hamilton;

Law Firms: Creel, García-Cuéllar, Aiza y Enriquez SC; Mayer & Brown; Sullivan & Cromwell; Cleary Gottlieb Steen & Hamilton;

Clients: Republic of Peru; Republic of Colombia; Republic of Chile; World Bank; Government of Mexico;