Antofagasta’s $500 Million Bond Offering

Milbank advised the initial purchasers, including Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as Global Coordinators and Joint Book-Running Managers, and BofA Securities, Inc., Scotia Capital (USA) Inc., and SMBC Nikko Securities America, Inc., as Joint Book-Running Managers on the deal.

Antofagasta plc announced the offering of $500 million aggregate principal amount of 5.625% Senior Notes due 2032. Antofagasta is a Chile-based copper mining group. 

The Milbank deal team was led by Marcelo Mottesi (Picture), Chair of Milbank’s Global Capital Markets practice and co-head of the firm’s Latin America Group, along with associates Gonzalo Guitart, Marcela Barba and international associate Santiago Freyre. The team also included Global Project, Energy and Infrastructure Finance partner Alec Borisoff, Tax partner Andrew Walker and special counsel Craig Cohen with associate Anne-Sophie Tomé.

Involved fees earner: Marcela Barba – Milbank LLP; Alexander Borisoff – Milbank LLP; Craig Cohen – Milbank LLP; Gonzalo Guitart – Milbank LLP; Marcelo Mottesi – Milbank LLP; Anne-Sophie Tomé – Milbank LLP; Andrew Walker – Milbank LLP;

Law Firms: Milbank LLP;

Clients: Bank of America Securities; Citigroup Global Markets Ltd; J.P. Morgan Securities LLC; Scotia Capital Inc.; SMBC Nikko Securities America;

Martina Bellini

Author: Martina Bellini