Mayer Brown, Dechert and Fasken Martineau have all picked up advisory roles on the Kingdom of Morocco's $1.5bn (£920m) notes offering, the country's first debt offering since the Arab Spring.

The placement includes $1bn (£617m) in 10-year notes and $500m (£309m) in 30-year notes with the former priced at 4.25%, while the 30-year notes are priced at 5.5%. The transaction is the first offering by Morocco of bonds in the United States.

Mayer Brown's London office advised the Kingdom of Morocco, with corporate and securities partner Bernd Bohr leading a team which also included banking and finance partner Stephen Walsh and New York tax partner Jason Bazar.

Fasken also advised the Kingdom of Morocco, fielding a team led by Paris partner Arnauld Achard.

Meanwhile a Dechert team headed by London corporate finance partner Camille Abousleiman advised joint-lead managers Barclays Bank, BNP Paribas, Citigroup and Natixis on US and English law. Morocco's Kettani Law Firm advised on local law through managing partner Azzedine Kettani and senior partner Nadia Kettani.

Bohr said: "This is an exciting time for the Kingdom of Morocco and the interest the bonds have received shows investors' confidence in the country's political and economical stability."

Morocco's placement makes it the latest in a line of emerging market issuers to tap into the international bond markets, with countries such as Zambia, Tunisia and Mongolia also recently offering bonds.

The same team at Mayer Brown advised Tunisia on a $500m (£309m) sovereign debt offering earlier this year. Meanwhile Dechert has recently worked on capital raising deals involving the Lebanese Republic and Tunisia.