Sonda returns to local debt market

Sonda returns to local debt market

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Chile Andean

Chilean IT services provider Sonda said it raised UF1.5m ($58.3m) from a bond sale to refinance debt that comes due later this year, a move that a market source said allows it to take advantage of low interest rates. The five-year bullet bonds priced at the inflation-linked UF unit of account plus 0.37%, Sonda said in a securities filing. BCI and Santander were the bookrunners and financial advisors on the deal, while CMS Carey & Allende was the legal advisor. Sonda said it will use the proc

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