August 1, 2014
Chile’s Quinenco has sold a UF2.375m ($100m) 21-year bond, drawing strong demand from insurers and pension funds. Lead managers Banchile-Citi and BBVA priced the bond to yield 3.35%, or 129bp over government bonds. The book was 2.5 times subscribed.
Chilean holdco draws insurance companies and pension funds to local market sale