S&C Advises on Three Historic Offerings

May 7, 2020

In April 2020, S&C advised underwriters on three offerings that were the single largest issuances of debt securities in the history of the respective institutions and governments.

  • On April 1, The Republic of Panama completed an offering of $2.5 billion aggregate principal amount of 4.5% Global Notes due 2056. The S&C team was led by Chris Mann and Bob Risoleo.
  • On April 22, the International Bank for Reconstruction and Development, the lending arm of the World Bank, closed an offering of $8 billion aggregate principal amount of 0.625% Notes due April 22, 2025. The S&C team was led by Bob Risoleo.
  • On April 24, the Inter-American Development Bank closed an offering of $4.25 billion aggregate principal amount of 0.5% Notes due May 24, 2023. The S&C team was led by Bob Risoleo.
S&C is a leading law firm in domestic and international debt and equity offerings. In another recent major offering, on April 27, a team led by Chris Mann, Bob Risoleo and Werner Ahlers advised underwriters on an offering by the United Mexican States totaling $6 billion.