We advised Bolivia on the offering

Davis Polk advised the Plurinational State of Bolivia in connection with its offering of $1 billion aggregate principal amount of 9.450% notes due 2031. The notes were issued pursuant to Rule 144A and Regulation S under the Securities Act.

The Davis Polk corporate team included partner Manuel Garciadiaz, counsel Drew Glover and associate Julian Armando Galaz Martinez. Counsel Dustin Plotnick and associate David J. Beer provided tax advice. Members of the Davis Polk team are based in the São Paulo, New York and Northern California offices.