News & Events

The Firm represented Banco de Crédito e Inversiones (Bci) in connection with a US$500 million global offering of 2.875% Fixed Rate Notes due 2031 (the “2031 Notes”) and a US$133 million global offering of 1.885% Fixed Rate Notes due 2026 (the “2026 Notes”), each under Bci’s US$4 billion Medium-Term Notes Program. The 2031 Notes were issued in reliance on Rule 144A and Regulation S under the Securities Act of 1933 and have been admitted to the Official List of the Luxembourg Stock Exchange and to trading on the Euro MTF Market. The 2026 Notes were issued in reliance on Regulation S under the Securities Act of 1933, have been admitted to the Official List of the Luxembourg Stock Exchange and to trading on the Euro MTF Market and are also listed on the Taipei Exchange in the Republic of China (Taiwan).

Bci is the largest commercial bank in Chile in terms of total net loans and deposits and the second largest in terms of assets.

The Simpson Thacher team included Juan M. Naveira, Antonio Ribichini and Jon Vicuña (Capital Markets); and Jonathan Cantor (Tax).