Carey Advises on Cencosud’s USD 500 Million Strategic Bond Issuance
April, 2026 - Chile
Morales & Besa in Santiago has helped Chilean retail group Cencosud carry out a US$500 million notes issuance and concurrent tender offer.
Davis Polk & Wardwell LLP in New York and Carey in Santiago represented the initial purchasers and dealer managers. Cencosud will use the proceeds primarily to refinance its outstanding international notes maturing in 2027, helping extend its debt maturity profile and strengthen its financial position.
Carey Partners leading the deal are - Fernando Noriega, Cristián Figueroa and Manuel José Garcés, and Associates - Angélica De la Carrera, Francisco Jiménez, Magdalena Menchaca and Javiera Leal in Santiago
