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Carey advised Eletrans on private offering

  • News
  • 31 January 2018
  • 216
  • 1 minute read
Eletrans retained Carey as Chilean counsel on a $180 million private offering. 

Eletrans is a Chilean electric power transmission company. It was founded in 2013 and is headquartered in Santiago, Chile.

The transaction consisted of an international private offering of notes under rule 4(a)(2) of the Securities Act of 1933, targeted to institutional investors, at an interest rate of 4.06% and due 2037.

Partner Felipe Moro led the Carey team advising Eletrans. It is understood that the company instructed Latham & Watkins as US counsel.

The private investors were advised by Claro in Chile and Milbank in the US.

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

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