Hites

Prieto advised Empresas Hites S.A. (“Empresas Hites”) on the successful issuance and placement of its Series F Bonds, for a total amount of UF 800,000, in a transaction that marked Empresas Hites’ return to the Chilean capital markets since its last bond issuance in 2019. The bonds were issued under a bond line registered with the Financial Market Commission (CMF), and this issuance is primarily intended to strengthen the company’s financial business, particularly through the expansion of its credit card, in connection with its upcoming commercial relaunch. The bonds have a 4-year term, with 2 years of grace, and bear interest at an annual rate of 6.5%.