FERRERE advised IDB Invest on the third bond issue under its second global issue program in local currency in the Paraguayan securities market. The purpose of this issue is the financing of small and medium companies in the local private sector.

FERRERE’s work included:

  • Drafting the prospectus for series 3 of the G2 issuance program, as well as collaboration on its presentation and filing with the Asunción Securities Market;
  • Negotiation of the brokerage agreement with the CADIEM CBSA firm.

To date, IDB Invest has launched four issues in local currency in the Paraguayan securities market. Previously, FERRERE had advised the multilateral on its registration as issuer with the Paraguay Securities Commission and the Asunción Securities market, as well as on the four earlier bond issues.

FERRERE’s advice was led by partner Carlos Codas with senior associate Pamela Lezcano.