Sonacol sells dual-tranche paper

Sonacol sells dual-tranche paper

Bonds

Chile’s Sociedad Nacional de Oleoductos (Sonacol) has raised CLP49bn ($79m) through the sale of dual-tranche bond that was heard to be twice subscribed. Santander Chile priced the 21-year UF1m ($40m) tranche at 3.33% and a seven-year CLP24.4bn at 4.6

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