MercadoLibre raises $1 billion in ten-year bond sale (updated)
UPDATE 1-MercadoLibre raises $1 billion in ten-year bond sale Updates with official information
SAO PAULO, Sept 9 (Reuters) - MercadoLibre MELI.O on Wednesday raised $1 billion through a dollar bond offering due 2036, a securities filing showed.
The senior unsecured notes were priced with a 5.850% coupon and a yield to maturity of 6.139%.
MercadoLibre said it plans to use the proceeds for general corporate purposes.
The company has been growing investments across its markets and business units, a strategy that has also hit its profit margins.
The deal was arranged by Allen & Company, Bank of America, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and Santander.
The deal follows MercadoLibre's $750 million seven-year bond sale in December 2025.
(Reporting by Andre Romani and Fernando Cardoso; Editing by Kylie Madry, Daina Beth Solomon)
((fernando.cardoso@thomsonreuters.com;))
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