BAZ hosts a seminar about issuance of ADR’s

Bahamondez, Álvarez & Zegers, Davis Polk & Wardwell, J.P Morgan´s Depositary Receipts group and NYSE Euronext hosted a seminar focused on accessing the U.S. capital markets, the benefits of ADRs and the requirements, costs and benefits for Chilean companies considering to list ADRs in the U.S. capital markets.

Partner Matías Zegers explained the regulation applicable to Chilean issuers and described the procedure to be followed in Chile to issue ADRs in the U.S. as well as discussed the challenges that arise from such issuance in terms of compliance with U.S. regulations and best practices.