Cleary Gottlieb represented Citigroup Global Markets, HSBC Securities (USA) and Itau BBA USA Securities, as joint lead managers and bookrunners in the Rule 144A/Reg S offering by S.A.C.I. Falabella, the largest company in Chile and the largest retailer in Latin America, of $500 million 3.75% senior notes due 2023 and CLP94,588,500,000 6.50% senior notes due 2023. Falabella is rated investment grade by Standard & Poor’s and Fitch. This offering was Falabella’s inaugural entry to the international capital markets and the first Chilean peso offering in the international capital markets by a Chilean company.
