Davis Polk Advises S.A.C.I. Falabella on Its $400 Million Senior Notes Offering

Davis Polk advised S.A.C.I. Falabella in connection with the offering of $400 million aggregate principal amount of its 3.750% senior notes due 2027. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

Falabella is a publicly traded corporation incorporated in Chile and a multi-format retail company with operations in Chile, Peru, Colombia, Brazil, Argentina, Uruguay and Mexico, offering a range of highly diversified services, including department stores, home improvement stores, supermarkets, credit card services, real estate and other businesses. 

 The Davis Polk corporate team included partner Nicholas A. Kronfeld and associates Jennifer Ying Lan and Rahim Manji. The tax team included partner Michael Farber and associate Dao Fu. Associate Zixuan (Jennifer) Wang provided Investment Company Act advice. All members of the Davis Polk team are based in the New York office.