Paul Hastings Advises Credivalores on Exchange Offer and Follow-On Issuance of Notes
Paul Hastings LLP is advising Credivalores-Crediservicios, S.A.S., a leading non-bank financial institution in Colombia, in connection with a liability management transaction involving an exchange offer and follow-on issuance of senior notes.
Credivalores issued a new series of senior notes under a notes placement program in exchange for notes outstanding from a prior series and also issued “new money” notes of the same series pursuant to a follow-on offering.
Paul Hastings has advised Credivalores in all issuances under the notes placement program, and has also represented Credivalores in three international bond offerings in 2017, 2018 and 2020 for a total of $625 million of senior notes due 2022 and 2025.
About Paul Hastings
With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment and real estate, Paul Hastings is a premier law firm providing superior intellectual capital and execution globally to the world’s leading investment banks, asset managers and corporations.