Media: Press Releases | 23 October 2020
Washington D.C, 23 October 2020 – Global law firm Hogan Lovells has advised the Government of the Commonwealth of The Bahamas on its recent successful capital raising: a US$600 million issue of 8.95% bonds, due 2032.
The bonds were sold following a “virtual” investor roadshow in October which updated investors on economic and financial trends in The Bahamas, as well as the Government’s recent policy initiatives for combating the COVID-19 pandemic and plans for reopening its tourism sector.
Hogan Lovells has had the privilege of representing the Government on all of its U.S. capital markets transactions spanning approximately 25 years.
The core Hogan Lovells team advising on the transaction was an all women, majority-minority team, led by Global Head of Capital Markets, Eve Howard, and counsel Tifarah Roberts Allen, senior associate Catalina Santos Parkinson, and associate Sarah Branch.
The transaction closed on 15 October.