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ILC Ready for Debut

Jul 20, 2012

Chile’s Inversiones La Construccion (ILC) was expected to emerge today with pricing on an IPO targeting about $500m-equivalent. Books closed Thursday afternoon, with the sale heard at least 3x covered, according to a person close to the deal, and receiving better demand...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management