We advised the representatives of the initial purchasers and dealer managers on the concurrent offerings

Davis Polk advised the representatives of the several initial purchasers in connection with the Rule 144A / Regulation S offering by Cencosud S.A. of $500 million aggregate principal amount of its 5.750% senior notes due 2036.Davis Polk also advised the dealer managers in connection with Cencosud S.A.’s concurrent cash tender offer for any and all of its 5.950% notes due 2031.

Headquartered in Santiago, Chile, Cencosud is one of the leading multi-format and multi-brand retailers in South America. It operates through a number of formats, including supermarkets, home improvement, stores, shopping centers and department stores. Cencosud has geographically diversified operations across Chile, Argentina, the United States, Brazil, Peru and Colombia, as well as a technological hub in Uruguay and a commercial office in China.

The Davis Polk corporate team included partner Maurice Blanco and associates Megan P. Phansalkar and Sakiko Nishida. Counsel Dustin Plotnick and associates Dmitry Dobrovolskiy and Fred (Chen) Fu provided U.S. tax advice. All members of the Davis Polk team are based in the New York office.