Republic of Paraguay’s $450 Million Notes Offering


Hughes Hubbard & Reed, Parquet y Asociados, Cleary Gottlieb Steen & Hamilton and Estudio Jurídico Gross Brown advised on the transaction

The Republic of Paraguay executed its offering of $450 Million 4.45 % notes due 2050.

Goldman Sachs & Co. LLC, Itaú BBA and Morgan Stanley acted as initial purchasers on the offering.

Hughes Hubbard & Reed advised the Republic of Paraguay with Federico Goudie, Gary Simon, Jennifer Graham, Francesca Ferraresi and Ernesto Fuentes Garcia.

Parquet y Asociados advised the Republic of Paraguay with Javier Parquet, Karin Ioannidis, José Grassi and Daniel Artaza.

Cleary Gottlieb Steen & Hamilton advised Goldman Sachs & Co. LLC, Itaú BBA and Morgan Stanley with Jason R. Factor, David Stewart Fisher, JinSol Lee, V. Sheridan DuPont, Juan G. Giráldez, Andrés de la Cruz, Emilio Minvielle, Manfred Heyn and Juan Ignacio Grimau.

Estudio Jurídico Gross Brown advised Goldman Sachs & Co. LLC, Itaú BBA and Morgan Stanley with Sigfrido Gross Brown, Mauricio Salgueiro and Ximena López.

Involved fees earner: Andrés De la Cruz – Cleary Gottlieb Steen & Hamilton; Virginia DuPont – Cleary Gottlieb Steen & Hamilton; Jason Factor – Cleary Gottlieb Steen & Hamilton; Juan Giráldez – Cleary Gottlieb Steen & Hamilton; Juan Ignacio Grimau – Cleary Gottlieb Steen & Hamilton; Manfred Heyn – Cleary Gottlieb Steen & Hamilton; JinSol Lee – Cleary Gottlieb Steen & Hamilton; Emilio Minvielle – Cleary Gottlieb Steen & Hamilton; David Stewart Fisher – Cleary Gottlieb Steen & Hamilton; Sigfrido Gross Brown – Estudio Gross Brown; Ximena López – Estudio Gross Brown; Mauricio Salgueiro – Estudio Gross Brown; Federico Goudie – Hughes Hubbard & Reed; Jennifer Graham – Hughes Hubbard & Reed; Gary Simon – Hughes Hubbard & Reed; Daniel José Artaza Villagra – Parquet y Asociados; José Alberto Grassi Pampliega – Parquet y Asociados; Karin Ioannidis – Parquet y Asociados; Javier Parquet – Parquet y Asociados;

Law Firms: Cleary Gottlieb Steen & Hamilton; Estudio Gross Brown; Hughes Hubbard & Reed; Parquet y Asociados;

Clients: Goldman Sachs; Itaú BBA USA Securities; Morgan Stanley; Republic of Paraguay;