"InRetail Shopping Malls Secures $375 Million and S/428 Million in Senior Notes Offerings with Support from Major Investment Banks"

"The Firm advised Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and other investment banks in two offerings by InRetail Shopping Malls: a US$375 million issuance of 5.650% Senior Notes due 2032 and a S/428 million issuance of 7.125% Senior Notes due 2032. The proceeds were used to repurchase and redeem existing notes. InRetail Shopping Malls is Peru's leading shopping mall platform. The team included members from Capital Markets and Tax."

The law firm represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and other investment banks in connection with two offerings by InRetail Shopping Malls. The transaction involved the offering of US$375 million of 5.650% Senior Notes due 2032 and S/428 million of 7.125% Senior Notes due 2032. The offerings were conducted under Rule 144A and Regulation S of the U.S. Securities Act of 1933, with the net proceeds used to fund the repurchase of InRetail Shopping Malls' outstanding dollar-denominated 5.750% Senior Notes due 2028 and the redemption of its soles-denominated 6.5625% Senior Notes due 2028. The firm also acted as dealer managers in the concurrent tender offer. The team from Simpson Thacher included Juan Francisco Mendez, Jon Vicuña, and Juan Felipe Saenz Dussan from the Capital Markets practice, as well as Jonathan Cantor and Jiha Min from the Tax practice.

"InRetail Shopping Malls Secures $375 Million and S/428 Million in Senior Notes Offerings with Support from Major Investment Banks"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads