Shearman And Sterling

News March 08, 2016

Shearman & Sterling Advises Underwriters in Connection With the Republic of Peru’s Issuance of Euro-Denominated Global Bonds

Shearman & Sterling advised Banco Bilbao Vizcaya Argentaria, S.A., BNP Paribas and HSBC Securities (USA) Inc. as underwriters in connection with the Republic of Peru’s SEC-registered issuance of  its 3.750% euro-denominated global bonds due 2030 for an aggregate principal amount of €1,000,000,000 .  This is the Republic of Peru’s second issuance of euro-denominated bonds.  The net proceeds from the offering will be used by the Republic of Peru to pre-finance a portion of the general financial requirements for fiscal year 2017.

The Shearman & Sterling team included: partners Antonia Stolper (New York-Capital Markets) and Thomas Donegan(London-Financial Institutions Advisory & Financial Regulatory), associates Maria Marulanda Larsen (New York-Capital Markets), Jeffrey Tate (Washington DC-Tax), Gabriel NG (London-Tax), Lois Howarth (London-Tax), Ben McMurdo (London- Financial Institutions Advisory & Financial Regulatory) and visiting attorney Gizeh V. Polo Ballinas (New York-Capital Markets).