The senior notes are due 2031

Davis Polk advised the initial purchasers in connection with the Rule 144A / Regulation S offering by Cencosud S.A. of $650 million aggregate principal amount of its 5.950% senior 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 counsel Katia Brener. Counsel Christopher A. Baratta and associates Dmitry Dobrovolskiy and Carter Ballentine Allison advised on U.S. tax matters. All members of the Davis Polk team are based in the New York office.