Republic of Guatemala Issues $700 million in Sovereign Debt
The Firm recently represented the Republic of Guatemala in connection with its issuance and sale of US$700 million of 4.5% Notes due 2026. The sovereign debt offering was conducted in reliance on the exemptions from registration under Rule 144A and Regulation S. Proceeds of the offering will be used for general budget purposes.
The transaction was approved by the government of the Republic of Guatemala and managed by the Ministry of Finance. This transaction was Guatemala’s first issuance of debt securities in the United States and international markets since 2013.
The Simpson Thacher team for the transaction included Jaime Mercado, Kirsten Davis and Matias Anchordoqui (Capital Markets); and David Holmberg (Tax).