Carey represents SMU in $75m bond placement

Carey has advised SMU on the issuance and placement of Series AO and AN bonds in the amount of approximately USD 75 million

 Carey has represented SMU in the issuance and placement of dematerialised bonds Series AO and AN for $2 million Unidades de Fomento (UF), approximately $75 million, in the local market, at an interest rate of 6.25% and an annual rate of 6.3%; and maturing in 2027.

The transaction, closed on 15 March, involved Credicorp Capital as financial advisor.

The advice involved the negotiation of the bond issuance contract and the registration process at the Securities Registry of the Financial Market Commission (CMF). This is the first placement of long-term debt instruments in quite some time, so a new mechanism was used to facilitate the registration of debt securities with the CMF.

Carey’s team consisted of partner Cristián Figueroa (pictured left), together with associates Nicolás Fosk (pictured top right) and Tomás Iturriaga (pictured bottom right).

Carey represents SMU in $75m bond placement

L Giselle Estrada

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.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram