MercadoLibre Raises $1B in 10-Year Bond Sale at 5.85% Coupon
MELI sits 26% above its 52-week low of $1,495.
Summary
MercadoLibre completed a $1 billion senior unsecured bond offering due 2036, priced with a 5.850% coupon and 6.139% yield to maturity. The deal was arranged by a syndicate including Bank of America, Citi, Goldman Sachs, JP Morgan, Morgan Stanley, and Santander. Proceeds are earmarked for general corporate purposes, supporting the company's ongoing investment across markets and business units. This follows a $750 million seven-year bond sale in December 2025 and comes after Q2 results showed revenue growth of 50% YoY but compressed margins due to higher spending. The offering adds leverage but provides liquidity for expansion; terms are in line with recent market conditions.
At the time of this announcement, MELI was trading at $1,877.73 on NASDAQ in the Technology sector, with a market capitalization of approximately $95.1B. The 52-week trading range was $1,495.00 to $2,548.50. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.