Enersis Tops 99%

Enersis Tops 99%

Chile Equity

Chile’s Enersis reached a 99.04% shareholder subscription rate for its CLP2.84trn ($6.00bn) equity capital increase, it says. The energy holdco had sold 16.28bn of 16.44bn shares on offer as of the subscription period’s close, with the remainder to be offered in an auction today, at CLP173 each. The subscription period included the $625m sale of American Depositary Shares (ADS). JPMorgan, BTG Pactual and Bank of America Merrill Lynch were global coordinators on the ADS sale, with Banchile, BBVA,

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