April 22, 2013
Banco de Chile has raised HKD700m ($90m) through a private placement transa
Banco de Chile has raised HKD700m ($90m) through a private placement transaction in Hong Kong's bond market, it says. The RegS-only 2023 bond priced at par with a 3.23% coupon. “As part of our strategy of diversification of sources of financing, Banco de Chile made its third bond placement in the Hong Kong market,” it says. Bank of America Merrill Lynch was sole lead on the transaction. Banco de Chile raised HKD875m in 2027 bonds in its previous visit.