Paul Hastings Represents Underwriters and Dealer-Managers in $200 Million Bond Offering and Cash Tender Offer for Financiera Independencia
New York, NY – Paul Hastings, a leading global law firm, announced today that the firm acted as counsel to the underwriters Barclays, HSBC and BCP Securities in the offering of $200 million of 7.500% 5 year bonds by Financiera Independencia (Findep), one of the largest microfinance lenders to individuals in Mexico. Approximately $170 million of the net proceeds of the offering is being used to fund the cash tender offer for Findep’s outstanding 10.0% bonds due 2015. Paul Hastings also acted as counsel to Barclays, HSBC and BCP Securities as dealer managers in the tender offer.
Latin America practice partners
Paul Hastings Latin America Practice in the past few months has advised on some of the largest bond offerings by Latin American companies, including a $1 billion offering by
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