Peru:
Advised The Republic Of Peru In Its International Issuance Of Sovereign Debt For The Total Amount Of 1.1 Billions Euros
08 August 2016
Hernandez & Cia
To print this article, all you need is to be registered or login on Mondaq.com.
Hernández & Cía. Abogados advised the Republic
of Peru in its international issuance of sovereign debt for 1,1
Billions Euros.
The transaction had a considerable demand –4.25 Billons
Euros- and the bonds were placed at an record interest rate of
2.751% due 2026, according to official sources.
The transaction was arranged by BBVA, BNP Paribas and JP Morgan,
who acted also as Global Coordinators and Underwriters. This
issuance was made in Euro currency because the Republic wanted to
widen its investors' base on this kind of debt instruments,
usually located in the United States.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Peru
Guatemala Moves Towards Transparency In Banking
TMF Group
It's been a year since Guatemala's Decree 37-2016 - the Law for the Strengthening of Fiscal Transparency and Governance of the Superintendency of Tax Administration - came into effect...
Brazilian Restricted Investment Funds
Walter Stuber Consultoria Jurídica
On December 17, 2014, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários – CVM) issued CVM Instruction No. 555 (CVM Instr. 555/2014) that governs the incorporation, management, operation and disclosure of information of investment funds ..
Interest And Islamic Banking
Middle East Legal Services
In this article we shall attempt to outline the definition of interest, so called( Riba) under the Sharia or Islamic law , followed by a short survey of the laws of some Arab countries which have prohibited or permitted charging interest.