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A&O Shearman advises on the Republic of the Philippines' USD2.5 billion bond offering

Published Date
Sep 5 2024
A&O Shearman advised the underwriters in connection with the Republic of the Philippines’ SEC-registered offering of 4.375% U.S. Dollar-Denominated Global Bonds due 2030, 4.75% U.S. Dollar-Denominated Global Bonds due 2035 and 5.175% U.S. Dollar-Denominated Global Bonds due 2049 for an aggregate principal amount of USD2.5bn.

This offering highlights the Republic’s strategic engagement with global capital markets, demonstrating its commitment to fiscal resilience and economic growth.

The capital markets team comprised partner Felipe Duque, counsel Giancarlo Sambalido, senior associate Julie Song and associate Sean Cao., Partner Jack Heinberg and senior counsel John Hibbard advised as to U.S. tax.   

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