DLA Piper Guides BofA In Peruvian Hospital Bond Deal

Law360, New York (May 30, 2012, 6:43 PM EDT) -- Bank of America Merrill Lynch's $230 million bond offering that closed earlier this month to build three hospitals in Peru was the first of its kind in Latin America and a sign that new financing structures are taking hold there, experts say.

The deal, a nifty six-way structure engineered by attorneys at DLA Piper, closed May 10 after nearly a year in the works. Bank of America raised $146 million from investors that it will use to buy from three Peruvian contractors the rights to guaranteed...
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