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Cleary Gottlieb represented the Republic of Paraguay in two offers that raised a combined $1.3 billion. Here capital Asuncion. (Photo: Skyscrapercity Forum)
Ignacio Lagos, Cleary Gottlieb; Juan Francisco Méndez, Simpson Thacher and Carlos Albarracín, Milbank. (Latinvex collage)
Thursday, February 26, 2026

Cleary Gottlieb Advises Paraguay $1.3 Bln Offer

Davis Polk and Simpson Thacher advise Colombian offers.

BY LATINVEX STAFF

Cleary Gottlieb represented the Republic of Paraguay in two offers that raised a combined $1.3 billion; Davis Polk advised Banco de Bogotá’s $500 million offer; Davis Polk and Simpson Thacher advised Colombian flag carrier Avianca on its $150 million offer; Milbank advised Mexican infrastructure and energy investment trust FIBRAeMX on  its follow-on equity offering; Simpson Thacher represented the initial purchasers in the recent sovereign offers from the Dominican Republic.

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Keywords: Capital Markets, Cleary Gottlieb, Colombia, Davis Polk, Dominican Republic, Mexico, Milbank, Paraguay, Simpson Thacher

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