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...
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