The Firm represented Banco de Crédito e Inversiones (Bci), a leading Chilean bank, in connection with an inaugural US$600 million global offering of 3.00% Senior Notes due 2017 pursuant to Rule 144A and Regulation S under the Securities Act of 1933 (the “Securities Act”).
The Firm also represented Bci in the establishment of a US$1 billion commercial paper program pursuant to Section 4(2) of the Securities Act.
BCI will use the proceeds from the sales of the senior notes and any issuance of commercial paper for general corporate purposes.
The Simpson Thacher team included David Williams, Juan M. Naveira and Felipe Marino (Capital Markets); and Rob Holo and Jonathan Cantor (Tax).
