Carey advises Caja Los Andes on its inaugural offering of social notes
Practice areas: ESG
CAJA LOS ANDES on the inaugural 144A/Reg S offering in the international markets of its USD300 million 7.00% Social Notes due 2029. BofA Securities, J.P. Morgan Securities, Santander US Capital Markets, and SMBC Nikko Securities America acted as initial purchasers. Subsequently, on a USD100 million loan granted by Corporación Andina de Fomento, for the financing of its social loan's regime.