CAP $300 million notes offering
We advised the initial purchasers on the investment-grade debt offering
4/27/2021

Davis Polk advised the initial purchasers in connection with the offering by CAP S.A. of $300 million aggregate principal amount of its 3.900% notes due 2031. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

CAP S.A. is an integrated ferrous metals company, including the largest iron mining company in Chile and the largest producer of steel in Chile.

The Davis Polk corporate team included partner Maurice Blanco, counsel Katia Brener and Drew Glover and associate Javier Felix. The tax team included counsel Kiara L. Rankin. Members of the Davis Polk team are based in the New York and São Paulo offices.