Corporación Nacional del Cobre de Chile $1.3 Billion Notes Offering
2/5/2019

Davis Polk advised the initial purchasers in connection with the offering by Corporación Nacional del Cobre de Chile of $1.3 billion aggregate principal amount of its 4.375% notes due 2049. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

CODELCO is Chile's state-owned copper mining company and is the world’s largest copper producer, controlling approximately 6% of the world's proved and probable copper reserves.

The Davis Polk corporate team included partner Nicholas A. Kronfeld, counsel Katia Brener and associates Rahim Manji and Isabel Rivera. The tax team included counsel Ethan R. Goldman and associates Aliza Slansky and Eitan Ulmer. All members of the Davis Polk team are based in the New York office.