Codelco plans euro debut

Codelco plans euro debut

Bonds

Chile’s state-controlled copper producer Codelco has mandated Deutsche Bank, HSBC and Santander for a possible debut in euro-denominated bonds. The banks organized a conference call to gauge investors’ interest on Tuesday. Codelco is said to be planning to tap the international markets for $1bn a year over the next four years, and is also expected to receive funds from the Chilean government to keep mine output steady. “All the investments in the next few years will not be to increase output, bu

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