October 11, 2019
Chilean conglomerate Sigdo Koppers said it earned UF1.3m ($49.8m) from the sale of bonds in the local market, raising money to pay off debt.
The 10-year notes priced at the inflation-linked UF unit of account plus 0.61%, or 71bp over the reference rate in Chile, Sigdo Koppers said in a securities filing. Scotiabank was the bookrunner and financial advisor on the deal, while Garrigues was the legal advisor.
Sigdo Koppers owns the engineering and construction firm ICSK, the explosives company Enae
Chilean conglomerate raises $50m to pay off debt in a UF-denominated deal