Cleary Gottlieb Steen & Hamilton LLP in New York and Buenos Aires, and Claro & Cía in Santiago have helped Chile’s only public bank, BancoEstado, issue notes worth US$500 million.

The purchasers hired Davis Polk & Wardwell LLP in New York and São Paulo, and Carey in Santiago.

The notes were issued under BancoEstado’s global US$3 billion bond programme.

The deal closed on 8 January.

Counsel to Banco Estado

Cleary Gottlieb Steen & Hamilton LLP

Partner Erika Nijenhuis, international lawyer Ignacio Lagos and associate David Stuckey in New York; and partner Andrés de la Cruz, counsel Emilio Minvielle and international lawyer Georg Birbaumer in Buenos Aires

Claro & Cía
Partners Rodrigo Ochagavía and José Luis Ambrosy, and associates Jaime Salas and Roberto Carrillo in Santiago

Counsel to Citi, HSBC, JP Morgan and Merrill Lynch

Davis Polk & Wardwell LLP

Partners Maurice Blanco and Lucy Farr, and associate Catherine Chu in New York; counsel Drew Glover in North Carolina; and associate Konstantinos Papadopoulos in São Paulo

Carey
Partner Diego Peralta and associates Manuel Alcalde and Loreto Ribera in Santiago