Mercado Libre successfully issued USD 750 million of 2033 senior unsecured notes, the first issuance after achieving Investment Grade status.
The transaction was oversubscribed at 3.6x, showcasing strong demand from over 150 institutional investors.
Proceeds will be used for general corporate purposes, enhancing liquidity and optimizing funding structure.
Title of Securities
4.900% Notes due 2033
Security Type
Senior Unsecured Notes
Issuer Rating
BBB- (S&P) / BBB- (Fitch)
Size
USD 750 million
Tenor
7 years, expiring in January 2033
- The successful issuance demonstrates investor confidence in Mercado Libre's strategy and cash generation capacity.
- The transaction strengthens Mercado Libre's financial position and funding structure, enhancing its growth prospects in Latin America.
The issuance of the 2033 senior unsecured notes underlines Mercado Libre's continuous growth and market confidence, setting a strong foundation for future endeavors in Latin America.