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Greenberg Traurig Serves as Initial Purchasers’ Counsel in Telecommunications Services of Trinidad & Tobago US$400 Million Bond Offering

NEW YORK – Oct. 31, 2019 – Global law firm Greenberg Traurig, LLP acted as U.S. counsel to Oppenheimer & Co., Inc. and Republic Bank Limited, the initial purchasers and sole bookrunners, in the US$400 million note offering by Telecommunications Services of Trinidad & Tobago, the largest provider of communications solutions to the residential and commercial markets in Trinidad & Tobago.

The offering of its 10-year senior secured notes was made in the United States in reliance on Rule 144A and outside the United States in reliance on Regulation S, and included a US$300 million underwritten offering in the international capital markets and a TT$680 million concurrent private placement in Trinidad & Tobago.

The US$-denominated notes and the TT$-denominated notes were issued under the same indenture governed by New York law and are secured by a lien on substantially all the issuer’s assets under security documents governed by Trinidad & Tobago law.

“We were very pleased to have advised Oppenheimer & Co., Inc. and Republic Bank Limited on this important and innovative transaction,” said Greenberg Traurig’s Marc M. Rossell, who is a Corporate Shareholder and co-chair of the firm’s Latin America Practice.

The Greenberg Traurig New York office attorney team was led by Marc M. Rossell, co-chair of the firm’s Latin America Practice. Additional corporate team members included Of Counsel Godric Shoesmith, Associates Alexis E. Kleiman, Timothy Cory, Kamaljit K. Singh, and Eric Ding, and Shareholder Mary F. Voce in the Tax Practice.

About Greenberg Traurig’s Latin America Practice: Greenberg Traurig’s award-winning Latin America Practice draws on resources from our offices around the world, bringing together a multidisciplinary team of lawyers to help clients identify business opportunities in Latin America. The team, which includes lawyers who have been chief legal officers at major multinational companies, has wide-ranging experience representing U.S. and international clients who do business in Latin America, as well as advising Latin American clients on their business ventures in the United States. The firm’s experience throughout the region enables the team to offer clients local knowledge and resources in the legal aspects of market opportunities, investments, financing, access to capital markets, governmental strategies, or international dispute resolution.

About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has approximately 2100 attorneys in 41 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: Twitter: @GT_Law.