Enersis Offer Moves Ahead

Enersis Offer Moves Ahead

Chile Equity

Chile's Enersis has opened the preferential subscription period for its equity capital increase, it says, the first phase of a process targeting a total of CLP2.84trn ($6.02bn). It has also started meeting investors on a US, European and LatAm roadshow. The holding vehicle for certain LatAm electricity sector units of Spain's Endesa is offering 16.44bn shares at CLP173 each. The process is to eventually include the sale of ADRs in the US. During the preferential period, existing shareholders may

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