August 1, 2013
Cementos Bio Bio plans to issue up to UF3.5m ($156m) in Chile’s domestic bo
Cementos Bio Bio plans to issue up to UF3.5m ($156m) in Chile’s domestic bond market on August 8, LatinFinance understands. It can choose from a 2018 bullet tranche of up to UF3.5m with a 3.8% coupon, a 6.8% coupon 2018 bullet of up to CLP80bn, and a 4.2% coupon 2034 tranche of up to UF3.5m featuring a 10-year grace period. The proceeds will be used for replacing debt from a 2012 syndicated loan. BCI, Corpbanca, and Itau are structurers and bookrunners, and LarrainVial a bookrunner.