Telefonica Chile bond oversubscribed

Telefonica Chile bond oversubscribed

Bonds

Telefonica Chile sold a CLP46bn ($83m) 5-year bond in Chile’s local market Wednesday. Lead managers Banchile-Citi and Santander priced the bond to yield 6.1%, or 128bp over government bonds. It carries a 5.75% coupon. The sale was more than twice sub

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