Mercado Libre has successfully issued 2036 senior unsecured notes totaling USD 1,000 million. The 10-year notes carry a 5.850% coupon and drew strong demand from more than one hundred institutional investors. Chief Financial Officer Martín de los Santos said the new 10-year note priced at the same spread as the company's previous 7-year issuance despite the longer tenor, calling it another step in Mercado Libre's consolidation as a full investment grade issuer in the international capital markets. Proceeds will be used for general corporate purposes and will further strengthen the company's liquidity. The transaction was led by BofA Securities, Citigroup, Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley as Global Coordinators and Lead Book-Running Managers, with Allen & Company and Santander as Joint Book-Running Managers.
MercadoLibre Inc.Mercado Libre issued USD 1,000 million of 10-year senior unsecured notes at a tight spread, strengthening liquidity and its investment-grade standing.
Banco Santander S.A.
Citigroup Inc.
JPMorgan Chase & Co
Bank of America Corp
Morgan Stanley
