July 19, 2013
Cementos Bio Bio is on the road marketing a domestic bond sale of up to UF3
Cementos Bio Bio is on the road marketing a domestic bond sale of up to UF3.5m ($160m), according to people familiar with the matter. The Chilean cement company is expected to be choosing from CLP and UF-denominated 5-year tranches and a 30-year UF tranche. Pricing is expected the first week of August. The proceeds will be used for replacing debt from a 2012 syndicated loan. BCI, CorpBanca and LarrainVial are managing. Bio Bio is rated A minus on a national scale.