Citigroup Global Markets, HSBC Securities (USA), Standard Chartered Bank, Merrill Lynch And Others, In The Issuance Of BCI's Debt - Corporate/Commercial Law - Chile Law Articles in English - Mondaq Business Briefing - Books and Journals - VLEX 698118397

Citigroup Global Markets, HSBC Securities (USA), Standard Chartered Bank, Merrill Lynch And Others, In The Issuance Of BCI's Debt

Author:Originally published by Latin Lawyer
Profession:Carey
 
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Simpson Thacher & Bartlett LLP in New York and Larraín, Rencoret y Urzúa in Santiago have advised Chilean financial institution Banco de Crédito e Inversiones (BCI) on a US$500 million cross-border debt issuance.

Davis Polk & Wardwell LLP in California and Carey in Santiago advised Citigroup Global Markets, HSBC Securities, Bank of America Merrill Lynch and Standard Chartered Bank as dealers. The deal closed on 12 October.

The debt was issued under BCI's US$2 billion medium-term note programme.

BCI is the fourth-largest bank in Chile in terms of total assets and deposits, and the third-largest in terms of net loans. It will use the proceeds from the sale of the notes for general corporate purposes.

Counsel to Banco de Crédito e Inversiones

Simpson Thacher & Bartlett LLP

Partner David Williams, counsels Jonathan Cantor and Mark Chorazak, and associates Juan Naveira, Kirsten Harmon, Brian Mendick and Daniel Florez Linero in New York

Larraín, Rencoret y Urzúa

Partner Felipe Rencoret, and associates Nicolás Reyes and María Isabel Villagrán...

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