Banco de Chile Debuts in Swiss

Banco de Chile Debuts in Swiss

Chile Bonds

Banco de Chile sold a CHF200m ($212m) 2018 bond on Friday, debuting in the market to take advantage of attractive levels and to diversify its investor base. Sole lead Credit Suisse priced the 1.125% bond at 100.694, to yield 1.085%. That was equal to mid-swaps plus 72bp, at the tight end of 75bp-area spread guidance. “Banco de Chile didn’t have large funding requirements, and felt the Swiss Franc market was perfectly suited for the maturity and size,” says a banker familiar with the trade, highl

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