October 15, 2013
Telefonica Moviles Chile is scheduled to sell up to UF4.4m ($204m) in domes
Telefonica Moviles Chile is scheduled to sell up to UF4.4m ($204m) in domestic bonds today, according to people following the transaction. The Chilean wireless unit of Spain's Telefonica is seen likely to raise about UF3m. The 10-year domestic bullet bonds come with a 3.60% coupon. BBVA and Santander Chile are leading the AA+/AA deal, with proceeds going to refinance debt. The operator had planned to issue international bonds in August, but elected to wait.