MercadoLibre raises $1 billion with a new ten-year bond
MercadoLibre ($MELI) completed a $1 billion issue of senior unsecured notes paying a 5.85% coupon and maturing in 2036. More than 100 institutional investors participated in the SEC-registered offering. The company said the transaction achieved the same credit spread as its previous seven-year issuance despite extending the borrowing term to ten years. The proceeds are intended for general corporate purposes, giving the group additional long-term funding flexibility rather than financing a newly
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