Entel issues bonds for USD800 millionJuly 30, 2014, by - LATIN LAWYER
Chile’s largest telecoms company, Entel, has issued notes worth US$800 million with help from Simpson Thacher & Bartlett LLP in New York and Philippi, Yrarrázaval, Pulido & Brunner in Chile.
Davis Polk & Wardwell LLP in New York and São Paulo along with Chile’s Carey advised the underwriters for the transaction, which closed last week.
Entel will use the proceeds to pay off existing debt as well as for general corporate purposes.
Counsel to Entel
In-house counsel – Cristián Maturana
Simpson Thacher & Bartlett LLP
Partner David Williams, counsel Jonathan Cantor and associates Matthew Levy, David Argueta and Devin Heckman in New York
Philippi, Yrarrázaval, Pulido & Brunner
Partner Marcelo Armas and associates Marcela Silva, Daniel Parodi and Isidora Edwards in Santiago
Counsel to JP Morgan Securities and Santander Investment Securities
Davis Polk & Wardwell LLP
Partner Maurice Blanco in São Paulo and New York, counsel Katia Brener, associate Pedro Bermeo and summer associate Erin Harveyin New York
Partners Juan Guillermo Levine, Diego Peralta and María Fernanda Carvajal, and associates Sebastián Monge and Paula Rojas in Santiago