Filter ► Publicaciones y Colaboraciones

We advised the Underwriters in the structuring of the first sustainable sovereign bonds of the Republic of Peru for US$4 billion.

We advised the Underwriters in the structuring of the first sustainable sovereign bonds of the Republic of Peru for US$4 billion.

17/11/2021

Contacts

Payet, Rey, Cauvi, Pérez Abogados advised BNP Paribas Securities Corp, BofA Securities, Inc, P. Morgan Securities LLC, Morgan Stanley & Co. LLC in the structuring of the first sustainable sovereign bonds of the Republic of Peru in three tranches for an aggregate amount of US$4 billion.

The Peruvian government will invest the proceeds in green projects, such as renewable energy, low-carbon transportation infrastructure and sustainable agriculture, as well as social projects, including affordable housing, education and essential health services, and support for small and medium-sized enterprises.

This transaction is the first sustainable bond issuance under Peru’s ESG framework, evidencing the interest in attracting investors committed to sustainability.

The PRCP team that participated in the transaction included José Cúneo (Partner) and Camila Mariátegui (Associate).

See the full note from Latin Lawyer below: