Entel Targets Long 10-year

Entel Targets Long 10-year

Chile Bonds

Empresa Nacional de Telecomunicaciones (Entel) is planning to issue up to $1bn in new senior 2024 notes to pre-finance upcoming debt maturities, according to Moody’s, which assigns a Baa2 rating. Chile’s largest wireless service provider is set to begin a roadshow in Lima today, and will visit London, New York, the US West Coast and Boston through October 23, according to people following the transaction. Citi and HSBC are managing. The debt sale would improve Entel's liquidity position, says Mo

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