FORM6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule13a-16 or15d-16
of the Securities Exchange Act of 1934
For the month of November, 2017
Commission File Number33-99720
ARAUCO AND CONSTITUTION PULP INC.
(translation of registrant’s name into English)
El Golf 150
Fourteenth Floor
Santiago, Chile
(address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form20-F or Form40-F.
Form20-F ☒ Form40-F ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(7): ☐
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule12g3-2(b): 82-
MATERIAL FACT
Celulosa Arauco y Constitución S.A.
Securities Registry Registration No. 42
Santiago, October 26, 2017
Mr.
Carlos Pavez Tolosa
Superintendent
Superintendency of Securities and Insurance
Avda. Libertador Bernardo O’Higgins 1449
Mr. Superintendent:
The undersigned, on behalf of the corporation (Sociedad anónima) Celulosa Arauco y Constitución S.A., henceforth the “Company” or “Arauco,” both domiciled in the Metropolitan Region, at Avenida El Golf No. 150, 14th Floor, commune of Las Condes, a company registered in the Securities Registry under No. 42, Taxpayer IdentificationNo. 93,458,000-1, and being duly entitled for these purposes, hereby communicates you the following material information concerning the Company and its businesses, its publicly offered securities or any offer thereof pursuant to the provisions of article 9 and second paragraph of article 10, both of Law No. 18,045, and Regulation of General Application (Norma de Carácter General) No. 30, issued by this Superintendence:
On the date hereof, Celulosa Arauco y Constitución S.A. has proceeded to fix the price and conditions of two series of bonds that will be issued in the international capital markets on November 2nd, 2017. The maturity of the bonds of one series (the10-year term Series) is November 2nd 2027, while the maturity of the bonds of the other series (the30-year term Series) is November 2nd 2047.
The amount of the issuance for the10-year Series is US$500,000,000, while the amount for the30-year Series is US$400,000,000, being the total amount of the issuance US$900,000,000. The interest rate is 3.875% per annum for the10-year Series and 5.500% for the30-year Series. The principal shall be paid on the respective maturity dates of the10-year and30-year bonds abovementioned, while interest shall be paidsemi-annually.
The funds resulting from the issuance will be used for the following:
1.- To repurchase part of the bonds issued by the Company in the United States of America described hereinafter: (i) bonds registered with the Securities and Exchange Commission of the United States (“SEC”), issued by Arauco for a total of US$500 million at a rate of 7.250% due 2019, (ii) bonds registered in the SEC issued by Arauco for a total of US$400 million at a rate of 5.000% due 2021, and (iii) bonds registered with the SEC issued by Arauco for a total of US$500 million at a rate of 4.750% due 2022.
2.- The remaining funds will be used for other general corporate purposes.
The copy of the contracts that shall govern the placement, as well as the laws and regulations of the United States of America that govern these matters, will be sent to you as soon as they become available.
Arauco estimates that the information contained herein will bring about positive effects in the Company’s results in the future, although at this time it is not possible to quantify these effects.
Very truly yours,
CELULOSA ARAUCO Y CONSTITUCION S.A.
Matías Domeyko Cassel
Chief Executive Officer
c.c.
- | Santiago Stock Exchange (Bolsa de Comercio de Santiago). La Bolsa No. 64, Santiago |
- | Chilean Electronic Exchange (Bolsa Electrónica de Chile) Huérfanos 770, 14th Floor, Santiago |
- | Valparaíso Securities Exchange (Bolsa de Valores de Valparaíso). Casilla218-V, Valparaíso |
- | Representative of the Bondholders (Representante de Tenedores de Bonos) (Banco Santander). Bandera 140, Santiago |
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Celulosa Arauco y Constitución, S.A. (Registrant) | ||||||
Date: November 6, 2017 | By: | /s/ Matías Domeyko Cassel | ||||
Name: | Matías Domeyko Cassel | |||||
Title: | Chief Executive Officer |
12