Simpson Thacher recently represented Empresa Nacional de Telecomunicaciones S.A. (“Entel”), one of Chile's largest telecommunications providers, in a Rule 144A / Regulation S offering of US$1 billion of 4.875% Senior Notes due 2024. This transaction was Entel’s inaugural offering of securities in the international capital markets. HSBC Securities (USA) Inc. and Citigroup Global Markets Inc. acted as representatives of the initial purchasers in the offering.

The Simpson Thacher team included: David L. Williams, Matthew Levy and Andres Pesaque (Capital Markets); and Jon Cantor and Devin Heckman (Tax).