debt
confidence high
sentiment positive
materiality 0.60
MercadoLibre issues $750M of 4.900% senior unsecured notes due 2033
MERCADOLIBRE INC
- Notes priced at 4.900% per annum; 7-year tenor expiring January 2033.
- Issuance is the first since achieving investment-grade status (BBB-/BBB- from S&P and Fitch).
- Deal was 3.6x oversubscribed with over 150 institutional investors participating.
- Proceeds will be used for general corporate purposes to strengthen liquidity.
- Joint bookrunners: Citigroup, Goldman Sachs, J.P. Morgan, Allen & Co., BNP Paribas, BofA, Morgan Stanley, Santander.
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