Hogan Lovells acts on Banco Bolivariano’s first issuance
Hogan Lovells has advised Banco Bolivariano on its inaugural issue under its diversified payment rights (DPR) programme. The transaction is valued at $100 million.
The notes were issued by Bolivariano DPR Limited. Citibank acted as programme agent, escrow agent and securities intermediary.
Hogan Lovells’ team was led by partner Emil Arca (pictured), senior associate Lauren Kimmel and law clerk Pablo Castiella.