A&O Shearman advises on Republic of Guatemala’s USD800 million inaugural sustainable bond offering and USD600m bond offering

The Republic of Guatemala intends to allocate an amount equal to the net proceeds from the sale of the 2037 Notes to finance or refinance “eligible green expenditures” and “eligible social expenditures” as defined in its Sustainable Financing Framework, and to use the net proceeds from the sale of the 2031 Notes for general budgetary purposes, including to refinance public indebtedness.

The A&O Shearman team was led by capital markets partner Alejandro Gordano and included tax partner Lorenz Haselberger, capital markets visiting attorneys Marcello Pompilio and Moises Gonzalez, and tax associate Daniel Kachmar.