Linklaters advises the Republic of Chile on euro- and dollar-denominated social bond new offerings

Linklaters has advised the Republic of Chile on the SEC-registered offerings of euro- and dollar-denominated social bonds totaling approximately US$5.8bn.

The landmark deal was comprised of two new series euro-denominated social bonds: €1.0bn at 0.1% due 2027 and €750m at 1.3% due 2036.  The transaction closed on July 26, 2021. 

The deal also included a new series of dollar-denominated social bonds: US$2.25bn at 2.55 % due 2033, and the reopening of two social bonds: US$1.0bn at 3.1% due 2041 and US$500m at 3.1% due 2061. The transaction closed on July 27, 2021.

The Linklaters team was led by partner Conrado Tenaglia and counsel Alejandro Gordano, alongside foreign attorney Monica Perez-Banuet Farell, Counsel Matthew Brigham (Tax), and associate Matthew Russo (Tax).