QIL+4 Abogados in Guatemala acted as local counsel to Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as underwriters and initial purchasers on the US$500,000,000.00 5.75% debt international notes offering by The Central America Bottling Corporation (CBC), a beverage producer and distributor with operations in Central America, the Caribbean and South America headquartered in Guatemala. Other financial institutions involved included Scotiabank and The Bank of New York Mellon. The notes, due in 2027, were sold in the international capital markets. The proceeds will be used by CBC as issuer to repurchase all of the outstanding US$300,000,000.00 bonds due 2022 issued in 2012 and 2013 and other general corporate matters.
Counsel to the Initial Purchasers: Banks in-house counsels; Shearman & Sterling in NY; Miranda & Amado in Perú; QIL+4 Abogados in Guatemala; and Harney Westwood & Riegels in BVI.
Counsel to the Issuer: CBC in-house counsel in Guatemala; Hogan Lovells in NY; Estudio Rodrigo Elias y Medrano in Perú; Palacios & Asociados in Guatemala; and other local law firms issuing necessary legal opinions.