Inversiones Atlántida’s $150 Million Notes Offering

Shearman & Sterling, López Rodezno & Asociados, Greenberg Traurig, García & Bodán and Moses & Singer advised on the transaction

Inversiones Atlántida, S.A.(“Invatlan”), a holding company organized under the laws of the Republic of Honduras, finalized a Rule 144A/Regulation S offering of $150 million aggregate principal amount of its 8.25% senior secured notes due 2022. Invatlan is one of the largest financial services groups in Honduras and, through its subsidiaries, provides a range of corporate and retail banking, insurance and other financial services. This was the first international capital markets transaction by a Honduran corporate.

Oppenheimer & Co. Inc. acted as sole book-runner and manager on the transaction.

Shearman & Sterling represented Inversiones Atlántida, S.A. with Stuart Fleischmann (New York-Capital Markets); counsel Grissel Mercado (New York-Capital Markets); associates Brian Bishop, Francisco Cebada (both New York-Capital Markets) and Scott Lucas (San Francisco-Capital Markets); and visiting attorney Juan Vignolo (New York-Capital Markets). Other Shearman & Sterling lawyers involved in the transaction were partner Bjorn Bjerke (New York-Finance); counsel Jeffrey Tate (Washington, DC-Tax); and associate Azeka Abramoff (Washington, DC-Tax).

In Honduras López Rodezno & Asociados advised Invatlan with Jorge López Loewenberg and Fernando Fiallos Fasquelle.

Greenberg Traurig LLP advised Oppenheimer & Co., Inc. with Marc M. Rossell, Mary F. Voce, Todd E. Bowen, Godric C. Shoesmith, Juan Delgado, Alexis E. Kleiman and Santos González Victorica.

In Honduras, García & Bodán advised Oppenheimer & Co., Inc. with Vanessa Oquelí and Godofredo Siercke.

Moses & Singer advised The Bank of New York Mellon acting as Paying Agent.

Involved fees earner: Jorge López Loewenberg – López Rodezno & Asociados; Jazna Vanessa Oquelí de Riera – García & Bodán; Godofredo Siercke Nuñez – García & Bodán; Marc Rossell – Greenberg Traurig; Todd Bowen – Greenberg Traurig; Godric Shoesmith – Greenberg Traurig; Juan Delgado – Greenberg Traurig; Alexis Kleiman – Greenberg Traurig; Mary Voce – Greenberg Traurig; Stuart Fleischmann – Shearman & Sterling; Grissel Mercado – Shearman & Sterling; Brian Bishop – Shearman & Sterling; Francisco Cebada – Shearman & Sterling; Scott Lucas – Shearman & Sterling; Bjorn Bjerke – Shearman & Sterling; Jeffrey Tate – Shearman & Sterling; Azeka Abramoff – Shearman & Sterling;

Law Firms: López Rodezno & Asociados; García & Bodán; Greenberg Traurig; Shearman & Sterling;

Clients: Oppenheimer & Co; Inversiones Atlántida, S.A.;


Author: Ambrogio Visconti