Shearman & Sterling represented BofA Securities, Inc. and J.P. Morgan Securities LLC, as international placement agents, in connection with a Rule 144A/Regulation S initial public offering of shares by Cencosud Shopping S.A, an operator of shopping centers in Chile, Colombia and Peru and itself a subsidiary of Cencosud S.A., a major supermarket retailer based in Santiago, Chile with operations across Latin America. The international offering was made concurrently with a public offering of the shares in Chile, with the shares all listed on the Bolsa de Santiago, the principal stock exchange in Chile.

The company raised $1.05 billion in the global offering, making it the largest IPO ever in the Chilean capital markets.

The Shearman & Sterling team below included visiting attorney Victoria Tuculet.

The Team