Paul Hastings Advised BBVA, BNP Paribas, Citigroup, Goldman Sachs, J.P. Morgan, Natixis, and Santander in Orygen’s $1.2B Senior Notes Offering and Credit Facility

Paul Hastings LLP advised BBVA Securities Inc, BNP Paribas Securities Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Natixis Securities Americas LLC, and Santander US Capital Markets LLC as joint bookrunners in connection with Orygen’s issuance of $1.2 billion investment grade 5.746% Senior Notes due 2034. The team also advised the banks as lenders in a connected credit facility consisting of a $100M term loan and $150M million revolving credit facility. The proceeds of this multi-tranche financing will be used to repay Actis’s acquisition financing incurred earlier this year to acquire Orygen and to finance future growth of the issuer.

The deal represents the largest-ever corporate bond issuance out of Peru.

Partners Alex Herman and Alexandro Padres led the Paul Hastings team, which also included Of Counsel Maria Larsen, and associates Lena Kwon, Sofia La Roche Contreras, and Bernardo Aguado Ortiz.

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