Enersis Conisders Adding ADRs to Equity Sale

Enersis Conisders Adding ADRs to Equity Sale

Chile Europe Equity

Chile’s Enersis is considering offering part of its planned CLP2.84trn ($6.03bn) equity capital increase in foreign markets through the issuance of ADRs, it says. No definitive plans have been made, though the unit of Spain’s Endesa notes it is in discussions with 16 Chilean and international potential bookrunners, including, BTG Pactual, Bank of America Merrill Lynch, Banchile, BBVA and Credit Suisse. The electricity holdco plans to offer 16.44bn shares at CLP173.00 per share. The timing remain

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