Banco de Crédito e Inversiones $500 Million Notes Offering

Davis Polk advised the dealers in connection with a Rule 144A and Regulation S offering by Banco de Crédito e Inversiones of $500 million aggregate principal amount of 3.500% senior notes due 2027 under the BCI medium-term notes program. 

BCI is the fourth-largest bank in Chile in terms of total assets and deposits and the third-largest bank in terms of net loans, with operations in commercial banking targeting small- to medium-sized companies and in retail banking. 

The Davis Polk team included Maurice Blanco and Drew Glover. Members of the Davis Polk team are based in the São Paulo and Northern California offices.