Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Codelco Drills Heavy Demand

Jul 11, 2012

Chile’s Corporacion Nacional del Cobre (Codelco) has raised $2bn in new 2022 and 2042 bonds, getting more than $10bn demand in the region’s latest jumbo offering from a high-quality issuer. The A1/A/A+ quasi-sovereign priced a $1.25bn 2022 tranche at 98.663 with a 3.00% coupon to yield 3.157%, or UST+165bp, the tight end...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


  1. Commodities dip raises LatAm growth fears
  2. Investors raise concerns on LatAm structured finance
  3. Institutional wealth – pension funds: The next generation
  4. Man of the year: Seize the moment
  5. Pension funds grapple with investment limits as portfolios swell
Follow us


Poll

How busy will LatAm global-local currency debt issuance be this year?

Vote    


Popular Searches


At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2013 Latin American Financial Publications Inc.

Printing isn't available for this page.