Enersis Sets Follow-on Timetable

Enersis Sets Follow-on Timetable

Chile Equity

Chile's Enersis plans to open February 25 the preferential subscription period for its equity capital increase targeting CLP2.84trn ($6.02bn), it says. The holding vehicle for certain LatAm electricity sector units of Spain's Endesa is offering 16.44bn shares at CLP173 each, though a process which will also later include the sale of ADRs in the US. During the preferential period, existing shareholders may buy 0.5 new shares per share already held through March 26. JPMorgan, Celfin, BBVA, Santand

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