Shearman And Sterling

News January 22, 2024

Shearman & Sterling Represents Republic of Chile on $1.7 Billion Social Bond Offering

Shearman & Sterling represented the Republic of Chile in connection with the SEC-registered offering of $1.7 billion 4.850% Notes due 2029. The offering closed on Jan. 22, 2024.

It is the Republic of Chile’s intention to invest an amount equal to the proceeds from the sale of the notes, net of the underwriting discount and certain expenses, into projects that may qualify as “eligible social expenditures” under its Sustainable Bond Framework.

The Team

Regional Experience