CorpBanca Raises Bond Debut

Jan 11, 2013

Chile’s CorpBanca has raised $800m in 2018 bonds, getting $3bn demand in its international DCM debut. The Baa1/BBB+ lender priced at 99.482 with a 3.125% coupon to yield 3.240%, or UST+245bp, tight to 250.0bp-262.5bp guidance which followed mid-200bp initial price thoughts. The bonds were trading up 0.25 points...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote    




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

Jan Dehn, Ashmore Investment Management