
ueno bank US$ 350 million senior notes, the largest ever by a Paraguayan bank
In a landmark transaction for Paraguay’s financial system, ueno bank announced the successful closing of its inaugural international bond issuance, raising a total of US$350 million in global markets. The transaction, completed on March 3, 2026, represents the largest international issuance ever done by a Paraguayan bank, strengthening Paraguay’s presence and visibility in global capital markets.
Strong Backing from Global Investors
The issuance demonstrated strong backing from global investors in ueno bank’s business model, resulting in demand 1.5 times higher than the amount offered. The bonds were structured as Senior Unsecured Notes with a five-year maturity and a 6.70% coupon rate, issued under the Rule 144A / Regulation S framework and governed by the laws of the State of New York.
Funding Paraguay’s Next Stage of Economic Growth
The US$350 million raised in international markets will be used to expand financing for Paraguayan companies, strengthen key sectors of the economy, support job creation and further integrate the country into the global financial system.
Backing from Leading Institutions
The transaction was executed following a thorough due diligence process and was supported by top-tier institutions:
Strong Backing from Global Investors
The issuance demonstrated strong backing from global investors in ueno bank’s business model, resulting in demand 1.5 times higher than the amount offered. The bonds were structured as Senior Unsecured Notes with a five-year maturity and a 6.70% coupon rate, issued under the Rule 144A / Regulation S framework and governed by the laws of the State of New York.
Funding Paraguay’s Next Stage of Economic Growth
The US$350 million raised in international markets will be used to expand financing for Paraguayan companies, strengthen key sectors of the economy, support job creation and further integrate the country into the global financial system.
Backing from Leading Institutions
The transaction was executed following a thorough due diligence process and was supported by top-tier institutions:
Global Coordinators and Joint Book-Runners

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