Nachrichten August 12, 2014

Shearman & Sterling Advises on Financiera de Desarrollo Territorial S.A.’s COP 946,175,000,000 Notes Offering

Shearman & Sterling represented Financiera de Desarrollo Territorial S.A. (“Findeter”), a state-owned development bank in Colombia, in connection with its Rule 144A/Regulation S offering of COP 946,175,000,000 aggregate principal amount of 7.875% Notes due 2024. Deutsche Bank Securities Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint bookrunners in the transaction. This is Findeter’s first offering in the international capital markets.

Findeter plays a key role in the Colombian government’s programs to improve economic and social conditions and develop sustainable public services infrastructure throughout Colombia’s municipalities and departments.

The Team

Regionale Erfahrung