Sovereign and Quasi-Sovereign Transactions 

• The Republic of Chile in connection with its SEC-registered offering of $1.7 billion 4.850% Notes due 2029.
• A global financial institution, Itaú, and a multinational financial institution, as underwriters in connection with the Republic of Uruguay’s (Uruguay) offering of New York law-governed Ps.57.81 billion 3.4% peso-inflation-indexed notes due 2045 and Ps.11.55 billion 9.750% peso-denominated notes due 2033, and as dealer managers in connection with a concurrent global cash tender offer for any and all of Uruguay’s New York law-governed 4.250% peso-inflation-indexed notes due 2027 and 4.375% peso-inflation-indexed notes due 2028.
• The Republic of Chile in connection with its offering of Ps. 441,475,000,000 6.0% Bonds due April 1, 2033 and Ps. 345,185,000,000 6.2% Bonds due October 1, 2040, and a concurrent cash tender offer for its Chilean peso-denominated 2.500% Bonds due March 1, 2025, 4.500% Bonds due March 1, 2026, 2.300% Bonds due October 1, 2028, and 2.800% Bonds due October 1, 2033. 
• A group of four global financial institutions as initial purchasers and dealer managers in connection with the issuance, for cash and for exchange, of the Republic of Peru’s Sol-denominated 7.6% Bonos Soberanos due 2039, in the form of bonos soberanos and global depository notes, in an aggregate principal amount of PEN15.4 billion approximately USD 4 billion.
• The Republic of Chile in connection with its offering of EUR1.6 billion 3.875% Notes due 2031. 
• The Republic of Chile on its CLP2.1 trillion (approximately USD2.2 billion) offering of bonds due 2029 and 2033. 
• The underwriters in connection with the Republic of Peru’s SEC-registered offering of 5.375% U.S. Dollar-Denominated Global Bonds due 2035 and 5.875% U.S. Dollar-Denominated Global Bonds due 2054 for an aggregate principal amount of USD 3 billion. 
• The initial purchaser in connection with the inaugural offering by the Republic of Guatemala of US$800 million 6.550% Sustainable Notes due 2037, and US$600 million 6.050% Notes due 2031.
• The underwriters and dealer managers in connection with the Republic of Uruguay’s offering of approximately USD1.3 billion 5.250% USD Bonds due 2060 and a concurrent cash tender offer for any and all of Uruguay’s 6.875% Global Bonds due 2025, 4.375% Global Bonds due 2027 and 4.375% Global Bonds due 2031. 

Investment Grade Bond Offerings 

• Ecopetrol S.A. in connection with its SEC-registered offering of USD1.85BN billion notes offering and concurrent abbreviated cash tender offer.
• Multinational financial institutions, as initial purchasers and dealer managers, in connection with Corporación Financiera de Desarrollo S.A.’s (COFIDE) offering of $300 million 5.950% Notes due 2029 and cash tender offer for any and all of its 5.250% Fixed-to-Floating Rate Subordinated Notes due 2029.
• ENAP in connection with a Rule 144A / Regulation S offering of US$600 million notes and concurrent offers to purchase for cash any and all of its notes due 2026 and up to US$200 million notes due 2031.
• Ecopetrol S.A. in connection with its SEC-registered offering of USD1.75bn 7.750% notes due 2032. The firm also represented Ecopetrol on the concurrent abbreviated cash tender offer for Ecopetrol’s 5.375% Notes due 2026. 

High Yield Bond Offerings 

• The initial purchasers and dealer managers in connection with Telecom Argentina’s offering of US$500 million bonds due 2031, and concurrent capped cash tender offer and capped exchange offer.
• Initial purchasers in connection with YPF Energía Eléctrica S.A.’s (YPF Luz) offering of USD420 million 7.875% Senior Notes due 2032 and the conditional full redemption of its USD400 million 10.000% Senior Notes due 2026, subject to consummation of the offering.