MercadoLibre $1 billion guaranteed bond offering
We advised the underwriters on the offering
Davis Polk advised the representatives of the underwriters on an SEC-registered offering by MercadoLibre, Inc., of $1 billion aggregate principal amount of its 5.850% guaranteed notes due 2036. The notes are fully and unconditionally guaranteed by certain subsidiaries of MercadoLibre.
Founded in 1999, MercadoLibre is the leading company in e-commerce and financial technology in Latin America, with operations in 18 countries. It offers a complete ecosystem of solutions for individuals and businesses to buy, sell, advertise, obtain credit and insurance, collect, send money, save and pay for goods and services both online and offline. MercadoLibre enables access to commerce and financial services in Latin America through its marketplace platform tailored to local culture.
The Davis Polk capital markets team included partner Maurice Blanco, counsel Konstantinos Papadopoulos and associates Sabrina Rodriguez and Julian Armando Galaz Martinez. Counsel Liang Zhang and associate David J. Beer provided U.S. tax advice. Members of the Davis Polk team are based in the New York and São Paulo offices.