Simpson Thacher Represents Initial Purchasers in US$250 Million Debt Offering by Banco Internacional del Perú S.A.A.
10.01.12
This is only gets display when printing
The Firm recently represented Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC, as initial purchasers, in connection with an offering of US$250 million aggregate principal amount of 5.750% Senior Notes due 2020 by the Panamanian branch of Banco Internacional del Perú S.A.A., a Peruvian bank that is commonly known as Interbank. The offering of the Notes constituted a “reopening” of US$400 million aggregate principal amount of 5.750% Senior Notes due 2020 initially issued on October 7, 2010, increasing the aggregate principal amount of the series of Notes to US$650 million. The offering was conducted in reliance upon Rule 144A and Regulation S under the Securities Act of 1933.
Interbank is a full service bank that provides a broad range of banking products and services to retail and commercial customers in Peru. It is the fourth largest bank in Peru based on total assets, total loans and total deposits as of June 30, 2012.
The Simpson Thacher team for the offering included, among others, Juan Francisco Mendez, Glenn M. Reiter, Cristina Quintero and Alan Garcia Nores (Capital Markets), and Jonathan Cantor and Devin Heckman (Tax).