April 19, 2013
Chile’s Banco Penta met investors this week, as it prepares to issue up to
Chile’s Banco Penta met investors this week, as it prepares to issue up to UF2m ($96m) in the Chilean local markets, say people familiar with the plans. The deal is expected May 8. The bank is heard to be looking at a 6.5% 2016 bullet CLP tranche, which would be up to UF1m equivalent, or a 3.6% 2018 bullet UF-denominated tranche of up to UF2m. Banchile Citi and Banco Penta are managing the sale, rated A on a national scale.