Empresas Carozzi S.A. (“ECSA”) local bond registration

Deal Description

We assist long standing client ECSA, Multinational Corporation owned by the Bofill family and one of the largest groups in Latin America in the food and non-alcoholic drinks industries with significant domestic and international market presence, in the registration of two lines of bonds for a maximum amount of UF5.000.000 (equivalent to USD211 million approximately).

Bonds were registered with the Chilean Securities and Exchange Commission (SVS) on November 22, 2017.

Relevance of this transaction is that with these bonds, ECSA will be able to expand its funding options and obtain resources to refinance or restructure the group’s debts and to finance future acquisitions to expand its food business line.

Counsel list

Guerrero Olivos as counsel to ECSA. No other law firms involved. 

Partner Jorge Delpiano  

Senior Counsel Miguel Coddou

Date of closing

22/11/2017

Deal Value

USD211 million

Jurisdictions involved

Chile