Shearman & Sterling represented Citigroup Global Markets Inc. as sole lead manager and bookrunner in connection with the issuance by the Republic of Guatemala of $500 million of 4.375% notes due 2027.

The Shearman & Sterling team included partner Manuel Orillac (New York-Capital Markets); associate Flavio Averbug (New York-Capital Markets); and visiting attorney Alesandra Azcarate (New York-Capital Markets).