MolyNor Industrial Complex, Molymet, II Region of Antofagasta, Chile

Financial Restructuring

Bond Placements

In those cases where a bond placement represents a special challenge – because it is a market debut, the industry is not well understood by the investor community, or the bond structure has innovative features –, we help our clients in designing, structuring and placing bonds.

Examples: BHP Billiton and Rio Tinto whom we helped structure and place the first mining bond in the Chilean market for Escondida, one of the largest copper operations in the world; ENAP, the Chilean State owned oil company, for whom we structured a simultaneous bond debut in Chilean and the US (144A) markets; Molymet, the world´s market leader in Molybdenum refiner whom we helped with their Chilean market debut.

Ventanas Smelter, Codelco, V Region of Valparaiso, Chile

Ventanas Smelter, Codelco, V Region of Valparaiso, Chile

Codelco engaged Asset and UBS to develop a structured finance transaction with China Minmetals, the largest importer of copper in China. Codelco and Minmetals entered into a long term copper supply contract involving a US$550 million upfront payment to Codelco.