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NHG advised Mercado Libre in an inaugural international debt tap of US$1.1 billion
NHG advised MercadoLibre on Mexican legal matters in connection with its inaugural debt offering in the US of $400 million 2.375% Notes due 2026 and $700 million 3.125% Notes due 2031. The 2.375% Notes due 2026 are guaranteed senior sustainability notes (the “Sustainability Notes”). MercadoLibre intends to use the net proceeds from the sale of the Sustainability Notes to finance or refinance, in whole or in part, one or more new or existing Eligible Projects, which are defined investments and expenditures made by MercadoLibre after the issuance date or made in the 24 months prior to the issuance of the Sustainability Notes, that: (i) contribute to environmental objectives such as clean transportation, land conservation and preservation, energy efficiency, renewable energy, green buildings and pollution prevention and control, (ii) aim to address or mitigate a specific social issue or seek to achieve positive social outcomes especially, but not exclusively, for one or more target populations or (iii) combine (i) and (ii).