Banco Penta Plans Debt Sale

Banco Penta Plans Debt Sale

Chile Bonds

Chile’s Banco Penta is in the process of registering an bond sale of up to UF3m ($139m) in the local market, according to people familiar with the deal, which could come as soon as November. The transaction may be denominated in pesos or UF, depending on market appetite, and will likely have a tenor on the low end of a 3-10 year range. The bank will lead the transaction itself, with the proceeds used to increase the maturity of liabilities and diversify funding sources. The sale would round out

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