October 29, 2018 |
Banco de Chile has tapped Swiss investors for a five-year, CHF115m ($115.2m) bond on Friday, placing the 2023s at 0.568% before reoffering the notes at par, sources said.
AAA/A/A- rated Banco de Chile mandated BNP Paribas to coordinate the sale. The French investment bank set guidance between 70bp and 75bp over mid-swaps, an investor in the region said.
Sources involved in the transaction did not disclose the size of the order book.
A banker not involved in the transaction said Banco de Chile’s
State-run bank nabs $115m at a slight concession to peer Santander Chile