Republic Of Guatemala’s $1.2 Billion Sovereign Bond Offering

Simpson Thacher and QIL+4 Abogados represented the Republic of Guatemala in connection with the issuance and sale of US$500 million of its 4.9% Notes due 2030 and US$700 million of its 6.125% Notes due 2050.

The sovereign debt offering was conducted in reliance on the exemptions from registration under Rule 144A and Regulation S. Proceeds of the offering will be used for general budgetary purposes.

Citigroup global Markets Inc. acted as initial purchaser of the Notes.

The transaction was approved by the government of the Republic of Guatemala and managed by the Ministry of Finance.

The Simpson Thacher team for the transaction included Jaime Mercado, Kirsten L. Davis, Matias Anchordoqui and M. Justina Richards (Capital Markets); and Jonathan Cantor and Brian Mendick (Tax).

The QIL+4 Abogados team was composed by José Quiñones and Santiago Granados.

Involved fees earner: Santiago Granados – QIL+4 Abogados; José Quiñones – QIL+4 Abogados; Matías Anchordoqui – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Kirsten Davis – Simpson Thacher & Bartlett; Brian Mendick – Simpson Thacher & Bartlett; Jaime Mercado – Simpson Thacher & Bartlett; Justina Richards – Simpson Thacher & Bartlett;

Law Firms: QIL+4 Abogados; Simpson Thacher & Bartlett;

Clients: Republic of Guatemala;

Author: Ambrogio Visconti