PPU Chile counsels on $500m bonds issuance
PPU Chile has advised on the issuance and sale by Antofagasta PLC of bonds for the amount of $500m
Philippi Prietocarrizosa Ferrero DU & Uría acted as the Chilean counsel to Citigroup Global Markets Inc., J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Scotia Capital (USA) Inc, and SMBC Nikko Securities America, Inc. (the “Initial Purchasers”) in connection with the issuance and sale by Antofagasta plc (Sponsor of the Chilean mining projects Antucoya, Centinela, Zaldívar and Los Pelambres) of $500 million aggregate principal amount of its 2.375% Notes due 2030.
Philippi Prietocarrizosa Ferrero DU & Uría team was led by Banking an Capital Markets partners Marcelo Armas (pictured left) and Marcela Silva (pictured right), and involved associates Daniel Parodi, Aref Cosma, Macarena Soto, Santiago Mesías and Vera Yacher.
Clifford Chance LLP acted as foreign counsel to the Initial Purchasers. Jara del Favero served as the local counsel to the issuer and Sullivan&Cromwell as foreign counsel to the issuer.
