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Enersis Defines US Tranche

Feb 27, 2013

Enersis is offering 6.5m shares in the form of ADS, it says, as a part of the preferential subscription period launched Monday for its equity CLP2.84trn ($6.02bn) follow-on. Shares will be offered at $19.19 per ADS, the equivalent of a CLP8,650 per ADS price...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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