Cleary Gottlieb represented Santander Investment as placement agent in SONDA’s approximately $215 million Chilean and international initial public offering of common stock. The 200,000,000 shares of Series A common stock were offered publicly in Chile and under Regulation S/Rule 144A outside of Chile. Approximately 30.6% of the shares were placed outside of Chile. The shares are listed on the Santiago Stock Exchange.
SONDA S.A. is a leading Latin American-owned technology solutions provider, with operations in Chile, Mexico, Brazil, Argentina, Costa Rica, Colombia, Ecuador, Peru and Uruguay.