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Allen & Overy advises on the Republic of the Philippines’

 

24 May 2019

Allen & Overy has advised the Republic of the Philippines on its offering of EUR750 million 0.875% bonds due 2027. The bonds are US SEC-registered and listed on the Luxembourg Stock Exchange. This was the Philippines’ first euro-denominated bond issuance in 13 years.

Allen & Overy partner Alexander Stathopoulos comments: “The Philippines is among Asia’s most active sovereign issuers, and this euro-denominated bond issuance is an important step in the country’s effort to diversify its funding sources and support the country’s growing economy.”

The Allen & Overy team was led by Singapore-based capital markets partner Alexander Stathopoulos and Hong Kong-based registered foreign lawyer Giancarlo Sambalido, with support from Singapore associates Ingram Weber and Louisa Ingham.

For further information, please contact Madhu Mirpuri at madhu.mirpuri@allenovery.com or on +85229747377.

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