Carey assists Banco de Chile in $500m bond issue

Carey has represented Banco de Chile in its $500 million bond issue

 Carey has assisted Banco de Chile in a $500 million US dollar aggregate principal amount bond issue maturing in 2031 with a fixed interest rate of 2.990% of its medium-term note (MTN) programme.

This transaction closed on 9 December 2021, with Shearman & Sterling acting as international counsel to Banco de Chile, while the underwriters, BofA Securities, Citigroup Global Markets, Goldman Sachs and J.P. Morgan Securities were advised by Garrigues in Chile and Linklaters internationally.

Sergio Rengifo acted as in-house lawyer for Banco de Chile.

Shearman & Sterling’s team was comprised of partner Grissel Mercado, counsel Maria Marulanda Larsen, and associate Nauka Patel.

The Garrigues team consisted of partner Pedro García, and associates Daniel Hernández Z. and Macarena Fuentes N.

Linklaters was led by partner Conrado Tenaglia, along with counsel Alejandro Gordano, and associates Juan Mata and María Vaz Ferreira.

Carey’s team was led by partners Diego Peralta (pictured top left) and Fernando Noriega (pictured top right), together with associates Diego Ibarrola (pictured bottom left) and Fernanda Valdés (pictured bottom right).