April 25, 2013
Transelec has scheduled May 3 for the sale of up to UF3.1m ($149m) in domes
Transelec has scheduled May 3 for the sale of up to UF3.1m ($149m) in domestic bonds, according to offering documents. The power transmission company is seeking funds to refinance short-term liabilities. The borrower’s options include a 2018 tranche with a 3.70% coupon, a 3.95% 2038 and a 3.95% 2042. The company is scheduled hold an investor meeting today. Banchile-Citi and LarrainVial are managing the transaction, rated A+/A+/A+ on a national scale.