His practice focuses on banking law, lending transactions and project financing.
Codelco, state-owned mine and the world’s largest copper producer, on the issuance of bonds in the international market for USD1,300 million under Rule 144A/Reg S, and on two concurrent bonds tender offers for up to USD1,907 million using the proceeds of the debt offering.
Sistema de Transmisión del Sur (STS) on the registration of two lines of bonds for up to USD411 million (UF10 million) each, one with a term of 10 years and the other with a term of 30 years. We also assisted STS on the placement of a series of bonds issued under the 30 year line, for approx. USD164 million (UF4 million), which were placed at a rate of 2.68% with a spread of 75 basis points. The demand for the bonds reached approx. USD344 million (approx. UF8.3 million) equivalent to 2.1 times the offer.