Simpson Thacher Represents BNP Paribas in Debt Offering for Caribbean Development Bank
07.29.11
This is only gets display when printing
The Firm recently represented BNP Paribas Securities Corp., as initial purchaser, in connection with a Rule 144A/Regulation S offering of US$175 million of Floating Rate Notes due 2013 by the Caribbean Development Bank.
The Caribbean Development Bank is a multilateral financial institution dedicated to the development of the economies of its Caribbean borrowing member countries. The Bank makes project loans, and provides technical assistance, to its regional borrowing members and to public agencies and entities in those countries. The Bank’s members consist of 18 Caribbean borrowing member countries, as well as Colombia, Mexico, Venezuela, Canada, Germany, Italy, China and the United Kingdom. The Bank is headquartered in Barbados.
The Simpson Thacher team for the transaction included Glenn M. Reiter, Kirsten L. Davis, Carol Daniel and summer associates Jariel Rendell and Nathan Goralnik (Capital Markets), Jonathan Cantor and Danny Salinas (Tax).