PPU in SQM’s USD 750,000,000 bond issuance
Chile Noticia

PPU in SQM’s USD 750,000,000 bond issuance

Philippi Prietocarrizosa Ferrero DU & Uría Chile has advised the representatives of the initial purchasers in the issuance by Sociedad Química y Minera de Chile (SQM) of US$ 750,000,000 bonds at a rate of 6.500% per annum payable in 2033.

This transaction, closed on 7 November, involved the Chilean and US jurisdictions.

BofA Securities, J.P. Morgan Securities, Santander US Capital Markets acted as representatives of the Initial Purchasers, being also advised by Davis Polk & Wardwell in New York. Claro & Cia and Winston acted as local and international advisors to SQM, respectively.

PPU’s team was led by director Daniel Parodi, with support from associates María Jesús IbáñezJuan Ignacio RosalesTomás Canales.