Republic of Colombia’s $2.5 Billion Notes Offering

Arnold & Porter Kaye Scholer, Sullivan & Cromwell and Brigard & Urrutia have advised on the transaction

The Republic of Colombia completed an SEC-registered offering of $1 billion of its 3.875% Global Bonds due 2027 and a further issuance of $1.5 billion of its 5.000% Global Bonds due 2045 (the 5.000% Global Bonds). The 5.000% Global Bonds form a single series with the outstanding $2.5 billion 5.000% Global Bonds previously issued on January 28, 2015, and March 26, 2015, and are fully fungible with the outstanding 5.000% Global Bonds.

The notes are listed on the Luxembourg Stock Exchange and admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange.

Arnold & Porter Kaye Scholer has advised Republic of Colombia with Neil Goodman (Picture), Carlos Peláez and Mateo Morris.

S&C represented Citigroup Global Markets Inc., Itau BBA USA Securities, Inc. and Morgan Stanley & Co. LLC as the underwriters in this offering.

The S&C team for the transaction consisted of Ann Bailen Fisher, Robert Risoleo, So Yeon Kim, Kyra Ayo Caros, Laura Duncan and Andrew Sweeney. Jeffrey Hochberg, Saul Brander, Eric Wang and Slki Hong advised on tax matters. Kirsten Rodger advised on E.U. and U.K. law matters. Carmen Leung in Hong Kong advised on Hong Kong law matters.

In Colombia, Brigard & Urrutia has advised the underwriters with Carlos Urrutia, Luis Gabriel Morcillo, Hernán Vidal and María Camila Ordóñez.

Involved fees earner: Neil Goodman – Arnold & Porter Kaye Scholer LLP; Carlos Pelaez – Arnold & Porter Kaye Scholer LLP; Carlos Urrutia Valenzuela – Brigard & Urrutia; Luis Gabriel Morcillo – Brigard & Urrutia; Hernán Vidal Baute – Brigard & Urrutia; María Camila Ordóñez – Brigard & Urrutia; Ann Bailen Fisher – Sullivan & Cromwell; Robert Risoleo – Sullivan & Cromwell; Kirsten Rodger – Sullivan & Cromwell; Kyra Ayo Caros – Sullivan & Cromwell; Laura Duncan – Sullivan & Cromwell; So Yeon Kim – Sullivan & Cromwell; Andrew Sweeney – Sullivan & Cromwell; Jeffrey Hochberg – Sullivan & Cromwell; Eric Wang – Sullivan & Cromwell; Saul Brander – Sullivan & Cromwell; Slki Hong – Sullivan & Cromwell;

Law Firms: Arnold & Porter Kaye Scholer LLP; Brigard & Urrutia; Sullivan & Cromwell;

Clients: Citigroup Global Markets Ltd; Morgan Stanley; Itaú BBA USA Securities; Republic of Colombia;


Author: Ambrogio Visconti