Why Is MercadoLibre (MELI) Raising $1 Billion In 2036 Notes?
MercadoLibre (NasdaqGS:MELI) issued US$1b of senior unsecured notes maturing in 2036 to institutional buyers. The offering attracted demand from more than one hundred institutional investors, indicating broad appetite for the new debt. The new notes add long dated funding that can support MercadoLibre's liquidity profile and potential future investment plans. There is more to understand about MercadoLibre than this US$1b senior notes issuance alone. Our analysis turns up 2 warning signs for...
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