Milbank LLP advised the initial purchasers in the inaugural $300 million offering of 4.750% senior unsecured notes due 2032 issued by Inversiones la Construcción, S.A. (ILC), a leading provider of financial and health services in Chile and of retirement services in Chile, Perú and Colombia.
The Milbank deal team was led by Marcelo Mottesi, Chair of Milbank’s Global Capital Markets practice and co-head of the firm’s Latin America Group, along with associates Andres Osornio, Jordan Dror, Oscar Campos and Lisa Angeles. The team also included Tax partner Andrew Walker.
Mr. Mottesi said, “We are pleased to have worked on this inaugural bond offering, building on our strong relationship with ILC after advising on their IPO, which was one of the largest in Chile at the time.”