Shearman & Sterling Advises on Banco Nacional de Costa Rica’s $1 Billion Senior Notes Offering

Shearman & Sterling represented Banco Nacional de Costa Rica, the largest bank in Costa Rica, in connection with its 144A/Regulation S offering of $500,000,000 aggregate principal amount of its 4.875% Senior Notes due 2018 and $500,000,000 aggregate principal amount of its 6.250% Senior Notes due 2023. This is Banco Nacional de Costa Rica’s first issuance of securities in the international capital markets.

The following Shearman & Sterling team advised the issuer in the transaction: partners Antonia Stolper (New York-Capital Markets) and Michael Shulman (Washington, DC-Tax); associates Kevin Younai (New York-Capital Markets), Jeffrey Tate (Washington, DC-Tax), Flavio Averbug (New York-Capital Markets), and Judy Fisher (Washington, DC-Tax); and international associate Isabel Wolleter (New York-Capital Markets).

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