Shearman & Sterling recently advised on CorpBanca’s $800 million 3.125% Senior Notes and Common Share offerings.
The firm represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as underwriters in connection with CorpBanca’s registered offering of $800,000,000 3.125% Senior Notes due 2018. Proceeds from the offering will be applied towards general corporate purposes, primarily to fund CorpBanca’s lending activities.
The firm also represented Banco BTG Pactual S.A. as underwriter in connection with CorpBanca’s registered offering of 12,015,233,260 common shares, including common shares in the form of American Depositary Shares. Proceeds from the offering will be applied towards the acquisitions of Helm Bank S.A. and Helm Corredor de Seguros S.A., as well as for general corporate purposes.
The Shearman & Sterling team on the two transactions included partners Stuart Fleischmann (New York-Capital Markets), Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory), and Don J. Lonczak (Washington, DC-Tax); of counsel Charles Gittleman (New York-Financial Institutions Advisory & Financial Regulatory); counsel Sharon Lippett (New York-Executive Compensation & Employee Benefits) and Jason Pratt (New York-Real Estate/Environmental); associates Grissel Mercado (New York-Capital Markets), Jennifer Morton (New York-Capital Markets), Leticia Olivera (New York-Capital Markets), Jeffrey Tate (Washington, DC-Tax), Steven Blau (Financial Institutions Advisory & Financial Regulatory), Tim Hanson (New York-Executive Compensation & Employee Benefits), and Gary Tashjian (New York-Executive Compensation & Employee Benefits); and visiting attorney Nydia Guevara (New York-Capital Markets).
