---
schema_version: "secwatch.filing_event.v1"
accession: "0001099590-23-000023"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T13:00:53.863133+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MercadoLibre to redeem $439M of 2.00% Convertible Notes due 2028, saving ~$44M interest

## Summary
- $439,075,000 principal of 2.00% Convertible Senior Notes due 2028 will be redeemed on November 14, 2023.
- Holders may convert by Nov 13, 2023; each $1,000 principal converts into 2.2952 shares of MELI common stock.
- Conversion rate includes an additional 0.0399 shares per $1,000 due to the redemption call.
- CFO states retiring the notes will save approximately $44 million in interest expense otherwise payable to maturity.
- MercadoLibre will settle conversions using treasury shares purchased in open market or from hedging instruments.

## SEC filing metadata
- accession: 0001099590-23-000023
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099590/000109959023000023/0001099590-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000109959023000023/meli-20230919.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099590-23-000023
- JSON: https://secwatch.observer/filing/0001099590-23-000023.json
- Plain text: https://secwatch.observer/filing/0001099590-23-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.