CCU Sets Pricing Target

CCU Sets Pricing Target

Chile Equity

Chilean beverage company Compania Cervecerias Unidas (CCU) is expected to determine the price for its equity follow-on of up to CLP340bn ($660m) September 13. The issuer plans to close books on the portion of the transaction done through a bookbuilding operation September 12, according to regulatory documents, meaning the price should be disclosed September 13. The bookbuilding portion accounts for 22.6m of the 51m primary shares on offer, with the remaining 28.4m to be sold in a preferential ri

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