Chile’s Metro taps market for $500m as bond market rebounds

Jan 29, 2014

A heavily subscribed deal from Chilean public transport operator Empresa de Transporte de Pasajeros de Metro on Tuesday could herald a rebound for Latin America’s bond market. The borrower sold a $500m 10-year senior unsecured bond at a 4.75% coupon. The deal, which paid 210bp over US Treasuries,...

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