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MercadoLibre shares drop 3.13% as it returns to global debt markets

MercadoLibre Inc. shares fell 3.13% intraday as it returned to global debt markets for the third time. It is offering dollar notes maturing in 2036 at an initial spread of about 160 basis points over Treasuries.

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MercadoLibre Inc. 13% intraday as it returned to global debt markets for only the third time. The Latin American e-commerce and fintech company is offering dollar notes maturing in 2036 at an initial spread of about 160 basis points over comparable Treasuries, with proceeds going…