News Release: QIL4 participated in the Central America Bottling Corporation offering

 
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QIL+ 4 Abogados in Guatemala represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Scotia Capital (USA) Inc. as purchasers in a Rule 144 A and Regulation S international capital markets debt issuance by The Central America Bottling Corporation (CBC) of an additional US$200 million aggregate principal amount of its 5.750% senior guaranteed notes due 2027. The company intends to use the proceeds from the offering to refinance existing debt, fund cash on the balance sheet and for general corporate purposes.

Other law firms involved include Shearman & Sterling, Hogan Lovells LLP, Palacio & Asociados, Miranda & Amado, Rodrigo, Elias & Medrano, Walkers, Harney Westwood & Riegels LP and Jones Walker LLP.

Thanks to our Banking and Finance team, Alejandro Cofiño, Andrés Lowenthal, Melissa Echeverría and Santiago Granados.

The Central America Bottling Corporation operates in Central America, the Caribbean and South America, and has the largest portfolio of products in the region, that include brands owned by PepsiCo and AmBev, as well as its proprietary brands such as LivSmart.

This offering comes in the midst of challenging times sending a positive message to the economy of Guatemala and the other jurisdictions in which CBC operates.

 
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