A&O Shearman represents the Republic of Chile on its USD1.6 billion and EUR1.7 billion bond offering

Chile intends to use the net proceeds from the sale of 2037 Bonds for general purposes of the government. It is Chile’s intention to invest an amount equal to the proceeds from the sale of the 2032 Bonds to fund budgetary programs that qualify as “eligible social expenditures” under its Sustainable Bond Framework.

A&O Shearman recently advised the initial purchasers in connection with a bond offering by Chile’s CODELCO as well as underwriters in connection with bond offerings by the Republic of Uruguay and the Republic of Peru.

The A&O Shearman team was led by capital markets partner Alejandro A. Gordano and included capital markets associate Gonzalo Robles, visiting attorneys Moises Gonzalez Arroyo and Giulia Maia Bonadio, tax partner Lorenz Haselberger and tax associate Daniel Kachmar.