November 16, 2012
Chile’s Eurocapital has issued UF1m ($47m) in domestic bonds, pricing a 3.5
Chile’s Eurocapital has issued UF1m ($47m) in domestic bonds, pricing a 3.5-year bullet at 97.99, with a 4.80% coupon to yield 5.50%, or 285bp over government bonds. The financial services firm is raising funds for refinancing liabilities and general business purposes. The issuance is rated A minus/A minus on a national scale and led by Banco Bice. Eurocapital is the largest non-banking factoring company in Chile.