Credivalores Issues Senior Notes Offering

July 20, 2017

New York - Paul Hastings LLP, a leading global law firm, announced today that it represented Credivalores-Crediservicios, S.A.S. in connection with its inaugural international bond offering. The offering involved the issuance of $250 million of 9.750% Senior Notes due 2022 pursuant to Rule 144A and Regulation S. The underwriters involved were BCP Securities and Credit Suisse.

Credivalores is a leading non-bank provider of consumer loans in Colombia, providing non-bank credit to customers throughout Colombia who otherwise have limited access to credit. This bond offering marks the first ever international bond offering by a non-bank financial services company in Colombia. Paul Hastings also represented Credivalores in all of its issuances of euro commercial paper under its Euro Commercial Paper Program.

Latin America practice partners Mike Fitzgerald and Arturo Carrillo led the Paul Hastings team, which also included partner Steven Sandretto, associate Eduardo Gonzalez and foreign associate Laura Berazaluce.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.