Arauco Turns to Loan Market for Bond Refi

Arauco Turns to Loan Market for Bond Refi

Chile Loans

With a $300m bond due in July, Chile’s Celulosa Arauco is planning to refinance in the loan market. The wood pulp producer has chosen a loan, somewhat in contrast to the stream of Andean issuers tapping the bond market recently, to allow more flexibi

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