Morales & Besa advised Cencosud Shopping S.A. in the indenture and registration of both a 10-year bond line and a 30-year bond line

May 17, 2019

Morales & Besa successfully advised Cencosud Shopping S.A. in the indenture and registration of both a 10-year bond line and a 30-year bond line for up to UF10,000,000 each; and in the issuance and placement of Series A Bonds under the 10-year indenture in an amount UF7,000,000 and in the issuance and placement of Series B Bonds under the 30-year line of bonds in an amount of UF 3,000,000.

These transactions stand out for having been launched in parallel to the IPO of the Company which is expected to be the largest IPO in the local market, and for having been the inaugural issuance of the Company.

The Morales & Besas’s team involved in this transaction was led by partner Guillermo Morales, along with senior associates Andrea Díaz and Josefa Rodríguez and associate Mariana Schnettler.