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Simpson Thacher represented Fondo MIVIVIENDA S.A. in connection with the offering and sale of S/1,500,000,000 of its 7% Bonos Corporativos due 2024, including S/927,600,000 issued in the form of global depositary notes (“GDNs”) issued by Citibank, N.A. through its depositary notes program in its role as depositary, and the concurrent offering of US$150 million of its 3.5% Notes due 2023 (representing an additional issuance of the Company’s outstanding 3.5% Notes due 2023). Both transactions were issued in reliance on Rule 144A and Regulation S under the Securities Act. Proceeds from the transactions will be used for general corporate purposes, including expanding MIVIVIENDA’s loan portfolio.

Morgan Stanley & Co. LLC and Scotia Capital (USA) Inc. acted as the initial purchasers.

Fondo MIVIVIENDA is a for-profit entity that is wholly owned by the Republic of Peru (“Peru”), established with the principal goal of providing access to financing to lower- and middle-income working families who are part of the population most likely to be affected by the quantitative and qualitative housing deficit in Peru.

The Simpson Thacher team for the transactions included Jaime Mercado, Kirsten A. Harmon and international associate Francisco Zappa (Corporate); and Jonathan Cantor and Michelle Goldring (Tax).