Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A/Regulation S notes offering by Arcor S.A.I.C. of an aggregate principal amount of an additional $150 million, which was a further issuance of the $350 million 6.000% fixed-rate notes due 2023 originally issued on July 6, 2016, under Arcor’s $800 million global short- and medium-term note program.

Arcor S.A.I.C. is a Latin American producer of confectionery products, one of the largest producers of hard candy and a candy exporter in Argentina, Brazil and Chile.

The Davis Polk corporate team included partner Maurice Blanco and counsel Drew Glover. The tax team included partner Michael Farber and associates Rachel Lerner and Yoojin L. Kim. Members of the Davis Polk team are based in the New York and Northern California offices.

Copy link to share post