Chilean Bank Debut Lures Buyside
Chile’s Banco de Credito e Inversiones (BCI) raised $600m in its first-ever dollar bond sale, with investors putting in for $3bn in orders. The 2017 was one of three issuances Thursday, in what has been a busy week for cross-border sales. The A1/A rated lender got the large demand despite tightening to UST+245bp yield from whispers of mid-to-high T+200bp. “The bank offered some concession, which isn’t...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.