Tecno Fast programs UF notes

Tecno Fast programs UF notes

Bonds Debt Capital Markets Fixed Income Chile

Chile's Tecno Fast wants to sell up to UF2m ($75.9m) in inflation-linked in the local bond market, according to documents filed with the securities commission CMF.The 21-year notes, structured by the local financial group LarrainVial, will likely price at the UF unit of account plus 1.85%. The local bank Banchile and the insurance company EuroAmerica have agreed to buy the notes.Tecno Fast will use the money to pay off debt and fund part of its $250m investment program through 2023, according to

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