Hogan Lovells advises Ecuador on $1bn bond deal
Hogan Lovells has advised the Republic of Ecuador on the completion of a US$1 billion dual-tranche bond reopening. The transaction consists of a US$500 million reopening of Ecuador’s 8.750% notes due 2034 and a US$500 million reopening of its 9.250% notes due 2039.
The operation represents a significant sovereign debt capital markets move for Ecuador, allowing the Republic to tap existing bond series across two maturities simultaneously.
The Hogan Lovells team was led by partners Ben Garcia (Pictured) (Capital Markets, New York/Miami), Bruno Ciuffetelli (IERP, Houston), Jorge Diaz-Silveira (IERP, Miami), and Scott Lilienthal (Tax, Pensions & Benefits, Washington, D.C.). Senior counsel Andrew Carey (Capital Markets, London) and counsel Meredith Hines (Capital Markets, New York) also contributed to the transaction, alongside senior associates Pedro Martínez Rubí (IERP, Miami) and Mariana Avendaño (M&A, Houston), associate Mae Espinosa (IERP, Miami), and law clerk Ana Laura Pongeluppi (Capital Markets, New York).
