New York, NY
-- Paul Hastings, a leading global law firm, announced today that the firm represented Perus second largest commercial bank BBVA Banco Continental issue $300 million worth of bonds in the international markets.
The transaction, which saw BBVA Banco Continental issue $300 million worth of 2.25 per cent 3.5-year unsecured bonds, closed on 22 January.
The low interest rate and the high demand for the notes in the market (more than $2 billion) confirmed the level of confidence of international investors in the Peruvian economy and the future performance of BBVA Banco Continental.
Latin America partners Taisa Markus
, Michael Fitzgerald
and international associate Guillermo Bracamonte led the Paul Hastings team, which also included Tax partner Andrew Short
and Tax associate David Makso
. Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.