Celulosa Arauco Readies Local Debt

Celulosa Arauco Readies Local Debt

Loans

Chilean timber producer Celulosa Arauco is preparing to sell dollar and UF-denominated bonds in the local market. A 2014 dollar-denominated tranche of up to $355m will be priced at Libor plus 1.80%, and 2014 and 2029 tranches of up to UF10m ($333m) e

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