ニュース Feb 06, 2018

The Republic of Chile’s $2 Billion Notes Offering and Switch Tender Offer

Shearman & Sterling represented Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as underwriters in the Republic of Chile’s issuance of $2 billion 3.24% notes due 2028.  The offering was made in an SEC-registered transaction and occurred contemporaneously with a “switch tender” invitation to holders of specified outstanding series of Chile’s notes, whereby such holders were offered the right to purchase these notes, with preference given to holders who agreed to purchase Chile’s new notes. 

The Shearman & Sterling team below was supported by visiting attorney Marcela Gomez Morin Cuevas (New York-Capital Markets). 

The Team