BancoEstado gets tight price on sub debt

BancoEstado gets tight price on sub debt

Bonds

Chilean lender BancoEstado has sold a UF5m ($214m) dual-tranche bond in the local market, it says. A UF3m five-year senior tranche was priced to yield 2.4%, or 70bp over government bonds. A UF2m 31-year subordinated tranche was priced to yield 3.08%,

Already have an account?

Free trial

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

Free Trial