B&E counsels Nuevosur in bond placement
Barros & Errázuriz has counselled Nuevosur in the placement of dematerialized bonds for 2,700,000 UF (approximately 76,000,000 USD), with maturity date March 20, 2031 and a placement rate of UF + 3.44% p.a.
The transaction was completed on November 22, and involved the preparation of the necessary documentation for the placement of the bonds, as well as advising on the registration of the securities with the Financial Market Commission and the Central Securities Depository.
Nuevosur, part of the Essbio-Nuevosur group, is one of the largest sanitary companies in Chile and in the region in terms of coverage and dispersion.
B&E’s team was led by partner Víctor Barros Echeverría (pictured), with the support of associates Andrés Vaccaro Carrasco and Bernardo Pérez Aspillaga.
