QIL+4 Abogados Acts As Local Counsel In The Latest Sovereign Bond Issuance In Guatemala For The Total Amount Of US$ 1,200,000,000

May, 2019 - Guatemala, Guatemala

QIL+4 Abogados, with the participation of José Quiñones and Santiago Granados, acted as local counsel representing the Republic of Guatemala as issuer on the US$500,000,000 4.900% Notes Due 2030 and on the US$700,000,000 6.125% Notes Due 2050.

This sovereign bond offering is the largest offering ever for the republic of Guatemala in the international capital markets under Rule 144A and Regulations S.

Citigroup global Markets Inc. acted as initial purchaser of the Notes. Other financial institutions involved include The Bank of New York Mellon.

In addition to QIL+4 Abogados, Simpson Thatcher & Bartlett LLP acted as special U.S. counsel for the Republic of Guatemala, Hogan Lovells US LLP acted as U.S. counsel for the initial purchaser and Consortium Legal (Guatemala) acted as local counsel for the initial purchaser.

This successful transaction sends a positive message to foreign investment in the country.