Carey has helped heavily indebted Chilean state-owned copper
mining company Codelco make its first bond issuance on the local
capital markets in more than 10 years.
Codelco's US$400 million issuance closed on 25 August.
Santander underwrote the offering. The bank is thought to have
relied on in-house counsel, but this could not be confirmed prior
Codelco is grappling with spiraling debts caused by low
commodity prices and an increasingly depleted resource portfolio.
Last month, Codelco chief executive officer Nelson Pizarro bemoaned
the fact that there was not "a single f—–g
peso" to spend.
Counsel to Codelco
In-house counsel – Diego Brieba
Carey - Partners Cristian Eyzaguirre and Francisco
Guzmán, and associate Carlos Alcalde
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