Copeval programs UF notes

Copeval programs UF notes

Bonds Debt Capital Markets Fixed Income Chile

Chile's Copeval plans to sell UF2 million ($68.7 million) in inflation-linked bonds in the local market, according to documents filed with the securities commission CMF. The maker of agrochemicals and farm equipment said it would use the proceeds from the issue of 10-year notes to refinance debt and fund its investment plans and operations, the documents show. Even so, Maricela Plaza, assistant manager of corporates at ICR, a credit risk agency in Santiago, said she expects most of the proceeds,

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