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Paul Hastings LLP, a leading global law firm, announced today that the firm represented Banco Continental S.A.E.C.A., one of the largest banks in Paraguay, in connection with its issuance of $200 million 8.875% Senior Notes due 2017 pursuant to Rule 144A and Regulation S.

This transaction is very important to the banking sector in Paraguay and its ability to access the international capital markets as it is only one of two international bond offerings by a Paraguayan bank.

Latin America practice partners Michael Fitzgerald and Arturo Carrillo led the Paul Hastings team, which also included of counsel Steven Sandretto and associates Chad MacDonald and Arnaldo Rego.

www.paulhastings.com

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