Falabella’s $400 Million Notes Offering

Davis Polk & Wardwell, Garrigues, Cleary Gottlieb Steen & Hamilton and Barros & Errázuriz advised on the transaction

Falabella finalized the offering of $400 Million 3,750% due to 2027 Senior Notes.

JP Morgan Securities LLC., HSBC Securities (USA) Inc and Santander Investment Securities Inc. acted as underwriters on the offering.

Falabella, together with its subsidiaries, engages in the retail sale of various products in Chile, Argentina, Peru, Colombia, Uruguay, Mexico, and Brazil. The company, led by Sandro Solari Donaggio, Alejandro Gonzalez Dale, Michel Awad Bahna, Gaston Bottazzini and Miguel Pardo Brigard, is based in Santiago.

In Chile, Garrigues advised Falabella with Pedro García M. (Picture), Sofía Duralde M. and Macarena Lagos.

Davis Polk & Wardwell advised Falabella with a team including Nicholas A. Kronfeld, Michael Farber, Jennifer Ying Lan, Rahim Manji, Dao Fu and Tomislava Dragicevic.

Cleary Gottlieb Steen & Hamilton advised the underwriters with Andrés de la Cruz, Adam Brenneman, Eduardo Romero, Erik Alves, Kylie Barza, Adriana Camaño, Olivia Espy and Michael Alcan.

In Chile, Barros & Errázuriz Abogados advised the underwriters with Gonzalo Molina Moreno and Vicente Cordero Becker.


Involved fees earner: Gonzalo Molina – Barros & Errázuriz Abogados; Vicente Cordero – Barros & Errázuriz Abogados; Nicholas Kronfeld – Davis Polk & Wardwell; Jennifer Ying Lan – Davis Polk & Wardwell; Rahim Manji – Davis Polk & Wardwell; Michael Farber – Davis Polk & Wardwell; Dao Fu – Davis Polk & Wardwell; Pedro García Morales – Garrigues; Sofía Duralde Manns – Garrigues; Adam Brenneman – Cleary Gottlieb Steen & Hamilton; Andrés De la Cruz – Cleary Gottlieb Steen & Hamilton; Eduardo Romero – Cleary Gottlieb Steen & Hamilton; Erik Alves – Cleary Gottlieb Steen & Hamilton; Kylie Barza – Cleary Gottlieb Steen & Hamilton;

Law Firms: Barros & Errázuriz Abogados; Davis Polk & Wardwell; Garrigues; Cleary Gottlieb Steen & Hamilton;

Clients: HSBC; JP Morgan Securities; Falabella Retail S.A.; Santander Securities ;



Author: Ambrogio Visconti.