"Barros & Errázuriz Advises Universidad de Concepción on $144.9M Series E Bond Issuance and Redemption"

"Barros & Errázuriz provided legal counsel to Universidad de Concepción in Chile for the issuance and private placement of Series E bonds, totaling approximately US$144.9 million. The proceeds were used to redeem all outstanding Series C bonds. The firm also advised on the redemption process and establishment of mortgage guarantees for the transaction, led by partners Emilio Vásquez and Javier Díaz, with support from their legal team."

Barros & Errázuriz acted as legal counsel to the Universidad de Concepción in Chile in connection with the issuance and private placement of its Series E bonds. The transaction involved the issuance and private placement of Series E bonds under the bond program registered in the Securities Registry of the Financial Market Commission (CMF) under number 1,221. The placement amounted to the equivalent of 3,500,000 UF (approximately US$144.9 million). The proceeds from the Series E issuance were utilized to finance the early redemption of all outstanding Series C bonds, previously issued under the University’s bond program registered under number 989. Barros & Errázuriz also advised the University on the full redemption process and the establishment of the mortgage guarantees required for the transaction. The deal was led by Barros & Errázuriz partners Emilio Vásquez and Javier Díaz, supported by senior associate Jorge Covarrubias and associates Andrés Vaccaro, Carol Urzúa, Catalina Carvallo, and María Ovalle.

"Barros & Errázuriz Advises Universidad de Concepción on $144.9M Series E Bond Issuance and Redemption"

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