debt
confidence high
sentiment neutral
materiality 0.60
MercadoLibre issues $1B of 5.850% senior notes due 2036
MERCADOLIBRE INC
- Issued $1,000 million aggregate principal of 5.850% Notes due 2036, senior unsecured.
- Proceeds for general corporate purposes and to further strengthen liquidity.
- Issuer ratings: BBB- (S&P), Baa3 (Moody's), BBB- (Fitch).
- Strong demand from over 100 institutional investors; priced at same spread as prior 7-year note.
- Underwriters: BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley.