Carey advised Codelco on the issuance of 10-year bonds for $400 million in local markets in Chile.
Codelco (Corporación Nacional del Cobre de Chile) is Chile´s state owned copper mining company and is headquartered in Santiago de Chile.
The company will use the capital raised for new investment and refinancing certain assets. This is Codelco´s first local issuance in 10 years.
Partners Cristian Eyzaguirre and Francisco Guzmán led the Carey team acting for Codelco.