BCI completes dollar trade

BCI completes dollar trade

Chile Bonds

Chile's Banco de Crédito e Inversiones (BCI) raised $500m in 10-year notes on Thursday, DCM sources told LatinFinance.  Bookrunners Citi, HSBC and Standard Chartered started initial price talk (IPT) at 150bp over US Treasuries before tightening to 130bp to 140bp over Treasuries.  The trio priced the transaction on the tighter end of guidance at 130bp, with a coupon of 3.5% to yield 3.648%, or a cash price of 98.769, a DCM banker working on the deal said.  One investor said BCI's new paper offere

Already have an account?

Free trial

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

Free Trial