December 7, 2011
Dutch bank Rabobank has revived plans to issue bonds in Chile’s local marke
Dutch bank Rabobank has revived plans to issue bonds in Chile’s local markets, this time targeting an up to UF2m in 5-year bullet. The bank had been initially eyeing a sale last week, including the options of a UF-denominated tranche with a 3.05% coupon and a peso tranche with a 6.05% coupon. Proceeds will be used to fund the bank's operations. The bond is rated AAA on a national scale. Celfin and Deutsche Bank are managing.