MercadoLibre raises $750 million with bond issuance due 2033

Reuters
2025.12.04 22:56
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MercadoLibre, an e-commerce firm, issued $750 million in bonds due 2033 with a 4.9% coupon to enhance liquidity and for general corporate purposes. This marks its first issuance since achieving investment grade status from Fitch and S&P. Citi, Goldman Sachs, and JPMorgan were bookrunners for the deal. Moody's is reviewing MercadoLibre's rating for a potential upgrade.

(Recasts with further information provided by the company)

SAO PAULO, Dec 4 (Reuters) - Uruguay-headquartered e-commerce firm MercadoLibre (MELI.O) priced on Thursday a $750 million bond issuance due 2033 at a 4.9% coupon, the company said in a statement.

  • Proceeds will be used for general corporate purposes and to further strengthen the firm’s liquidity, MercadoLibre said.
  • The issuance consisted of senior unsecured notes; bookrunners for the deal were Citi, Goldman Sachs and JPMorgan, according to the statement.
  • MercadoLibre said that was the first bond issuance since it achieved investment grade status.
  • MercadoLibre was bumped up to investment grade from Fitch in October 2024 and from S&P last July.
  • The firm is one notch from investment grade by Moody’s, which last month placed MercadoLibre’s rating under review for upgrade.
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