CMPC opts for local currency trade

CMPC opts for local currency trade

Debt Capital Markets Bonds Chile

CMPC is expected to sell up to UF8m ($354m) in inflation-linked bonds in Chile's securities market today (Thursday), after completing investor meetings on Tuesday and Wednesday. The Chilean pulp and paper company could place as much as UF3m in seven-year Series H paper to yield 1.5% and up to UF5m in 23-year Series L bullet bonds at 2.7%. CMPC has a third Series M group for up to UF5m that it could sell at 2.2%. Proceeds will be used to refinance other outstanding corporate bonds.  CMPC owns lan

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