March 28, 2019 |
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 enthus
Chilean financial services group sells $203m in 14-year bonds with a coupon of 2.11%