Bice prices UF notes at historic low

Bice prices UF notes at historic low

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income M&A Chile

Bicecorp priced $203m in UF-denominated notes on Wednesday in a deal that was 2.5x oversubscribed as investors displayed a strong appetite for Chilean debt, LatinFinance has heard. The financial services company priced the 14-year bonds with a coupon of 2.11% to yield 69bp over local treasury notes, tightening the spread from the initial price talk of 98bp, said a banker on the deal. "This is the lowest coupon for a paper of this maturity in history," the banker said. "There is a lot of enthusia

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