CMPC Rolls Out New Benchmark

May 9, 2013

Chilean pulp producer CMPC has printed a new $500m 2023 bond, after seeing about $3.5bn in demand. The Baa3/BBB/BBB+ note priced at 99.248 with a 4.375% coupon to yield 4.469%, or UST+270bp, tight to 275bp-area guidance that came after 290bp initial price thoughts. The bond traded up 1.25-1.75 points in the grey Wednesday, traders say. Participating...

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

Already have an account?


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


Free trial

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

Free Trial

Upcoming Events


Where will capital markets be busiest in 2017?


Popular Searches