Hogan Lovells jumps to fifth place in Latin Lawyer's Debt Capital Markets league table 2019: international firms with over US$12 billion in deals
Awards & rankings | 14 July 2020
Hogan Lovells is pleased to announce its continued growth and recognition in Latin Lawyer's Debt Capital Markets league table 2019: international firms. With nine deals totaling US$12.092 billion, the firm was placed fifth (an increase from 2018) by deal value and ninth by deal volume. The full league table analysis by Latin Lawyer can be found here.
"As one of the leading international law firms in Latin America, we are regularly mandated to advise on high-profile capital market transactions across the region including a groundbreaking 30-year bond for Central American nation Guatemala in 2019," said Emil Arca, a partner in the firm's Global Capital Markets Leadership Team. "Our ranking reflects the strong capabilities of our lawyers and the continued growth of our Latin America practice."
Hogan Lovells continues to play a leading role in debt capital market transactions in Latin America. More recently, the Debt Capital Markets team has advised:
- Banco del Pacifico S.A. (BdP) on the establishment of, and first issuance under, its diversified payment rights (DPR) securitization program. The first DPR program ever established in Ecuador.
- Republic of Ecuador on the issuance of a Sovereign Social Bond in the international markets for US$400 million. The issuance was backed by a partial guarantee of US$300 million from the Inter-American Development Bank, making the operation attractive for international investors and significantly reducing financial costs for Ecuador.
- Republic of Ecuador and its wholly-owned energy company Empresa Pública de Exploración y Explotación de Hidrocarburos Petroamazonas EP on their solicitation of consents to amend various series of securities. These securities, issued by the Republic of Ecuador, were in an aggregate principal outstanding amount of approximately US$19 billion and a series of securities issued by the energy company were in an aggregate principal outstanding amount of approximately US$175 million.