Cleary Gottlieb advises on €1.6bn Chile debt offering
Cleary Gottlieb has advised the underwriters on the €1.6bn euro-denominated offering due 2031 of the Republic of Chile (Chile), as registered with the SEC.
The offering of the notes was launched and priced on 2 July 2024 and is expected to close on 9 July 2024. Chile intends to invest an amount equal to the net proceeds from the sale of the notes to fund budget programmes that qualify as “eligible social expenditures” under its sustainable bond framework.
BofA Securities, HSBC, J.P. Morgan and Société Générale Corporate & Investment Banking acted as underwriters.
Cleary’s team included partner Jorge Juantorena (pictured) and associates Ignacio Lago and Rodrigo Lopez Lapeña. Partner Matthew Brigham and associates Daniel Solecki and Abdel Rodriguez advised on New York tax matters. All lawyers are based in New York.
