Sonda Prices FO

Dec 6, 2012

Chile’s Sonda has priced a CLP75.86bn ($158m) equity follow-on, getting just below its floor price, but offering a only minimal discount. The growing regional IT provider sold 53m shares at CLP1,430 each, compared to a CLP1,440 minimum and a 1,471...

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

Jan Dehn, Ashmore Investment Management