Chilean Sets Bond Target

Chilean Sets Bond Target

Chile Bonds

Chilean power transmission company Transelec is looking at initial price thoughts of UST plus mid-200bp for a new 10-year bond pricing as soon as today, according to people familiar with the matter. Size has yet to be determined, though ratings agency reports have suggested $200m when assigning Baa1/BBB minus ratings. US independent electricity transmission company ITC Holding’s (Baa2/BBB) $250m 10-year bond, trading to yield around UST+148bp Monday, is serving as a direct comp. Transelec ended

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial