ALTA QIL+4 Abogados acted as local counsel in the sovereign bond issuance in Guatemala for US$ 1 billion.
ALTA QIL+4 Abogados, with the participation of partner José Quiñones and associate Santiago Granados, acted as local counsel representing the Republic of Guatemala as issuer on the US$1 billion.
The transaction closed on 14 October, 2021. It consisted of two stages, the first stage the Republic of Guatemala issued bonds for US$500 million with a coupon of 3.7%, due in 2033. That issuance was followed by a second worth US$500 million, with a coupon of 4.65% and due in 2041.
This successful transaction sends a positive message to foreign investment in the country.