CGE Waits a Day

CGE Waits a Day

Chile Bonds

CGE Distribucion is scheduled to raise up to UF4m ($185m) in Chile’s domestic bond market on Thursday, pushing back a day due to documentation, LatinFinance understands. The electricity and gas-focused subsidiary of Chile’s Compania General de Electricidad (CGE) can choose between a 5-year peso-denominated tranche of up to CLP46bn ($92m) with a 4.5-year grace period and 6.50% coupon, a 5-year UF2m tranche with a 3.50% coupon and 4.5-year grace period, and a 21-year UF4m tranche with an 18-year g

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