Baker McKenzie Advised IDC Overseas, Ltd. in a USD 50 Million Reopening of Notes Issued under its Euro Medium-Term Note Program

Leading global law firm Baker McKenzie announced today that the New York office represented IDC Overseas, Ltd. (IDC), as issuer, in the USD 50 million reopening of 9.0% Senior Notes due 2030, issued under its USD 200 million Euro Medium-Term Note Program (the Program). BCP Securities, Inc. acted as dealer manager.

The net proceeds from the issuance of the notes will be used by IDC for investments in funds and for general corporate purposes.

Transactional Practice Group partners Mike Fitzgerald, Arturo Carrillo and Steven Sandretto in New York led the Baker McKenzie team, which also included associates Alejandra Cuadra and Diego Aznar.

Baker McKenzie lawyers were also involved in the establishment of IDC’s Euro Medium-Term Note Program and prior reopenings, as well as a recent exchange offer of notes under the Program and an increase in the Program size.