Shearman And Sterling

News July 28, 2017

Shearman & Sterling Advises on Inversiones Atlántida, S.A.'s $150 Million Notes Offering

Shearman & Sterling represented Inversiones Atlántida, S.A.(“Invatlan”), a holding company organized under the laws of the Republic of Honduras, in connection with 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.

The Team