Empresa de los Ferrocarriles del Estado’s $145 Million Notes Offering


Cariola Diez Perez-Cotapos advised on the deal

Empresa de los Ferrocarriles del Estado executed its offrering of $145 million notes due 2045.

Proceeds will be used to finance the 2017 – 2019 development plan.

Banco de Chile acted as lead manager on the offring and Banchile Corredores de Bolsa S.A. acted as placing agent.

Empresa de los Ferrocarriles del Estado, doing business as EFE, operates as a state owned railroad operator. The Company offers passenger transportation services. EFE serves customers in Chile.

Cariola Diez Perez-Cotapos advised Empresa de los Ferrocarriles del Estado with a team including Rodrigo Sepúlveda (Picture), Cristóbal Morales and Vicente Sáenz de Santa María.

Involved fees earner: Cristóbal Morales – Cariola, Díez, Pérez-Cotapos & Cía Ltda; Vicente Sáenz de Santa María – Cariola, Díez, Pérez-Cotapos & Cía Ltda; Rodrigo Sepúlveda – Cariola, Díez, Pérez-Cotapos & Cía Ltda;

Law Firms: Cariola, Díez, Pérez-Cotapos & Cía Ltda;

Clients: Empresa de los Ferrocarriles del Estado;

Author: Ambrogio Visconti.