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Gildemeister Sets Target

Jan 10, 2013

Chile’s Automotores Gildemeister (AG) is out with initial price thoughts of 7.25%-area for what is expected to be a $300m 2023 NC5 bond, according to sources following the sale. The Ba2/BB vehicle importer and distributor...

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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


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