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Chilean Builds Equity Debut

Aug 6, 2012

Chile’s Echeverria Izquierdo has priced a CLP42.36bn ($87.5m) IPO, the country’s fourth IPO this year and the third within the past month. The construction and engineering firm is selling 151.3m shares at CLP280 each, according to the issuer. The price comes below most analysts...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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