Davis Polk advised J.P. Morgan Securities LLC as sole book-running manager on a Rule 144A and Regulation S offering of $300 million aggregate principal amount of 6.75% senior notes due 2023 of Automotores Gildemeister S.A. (Gildemeister).
Gildemeister is one of the largest vehicle importers and distributors in Chile and Peru with a network of 198 vehicle dealerships.
The Davis Polk corporate team included partner Maurice Blanco, associate Francisco R. Nuñez and foreign temporary associate Andrew Heather. Partner Kathleen L. Ferrell and associate Juelle Gomes provided tax advice. Inés Velasco was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.
