Peru S/10 billion ($2.77 billion) sovereign bond issuance

Davis Polk advised the initial purchasers in connection with the issuance by the Republic of Peru of S/10 billion (approximately $2.77 billion) aggregate principal amount of sol-denominated 6.850% bonos soberanos due 2035. The notes were issued pursuant to Rule 144A and Regulation S under the Securities Act.

The Davis Polk corporate team included partners Pedro J. Bermeo and Maurice Blanco, counsel Arisa Akashi Sin and associate Michael Schuster. The tax team included partner Patrick E. Sigmon and associates Valentin Van de Walle and Georgianna Eck. All members of the Davis Polk team are based in the New York office.