April 30, 2019 |
Sacyr's infrastructure concessions division in Chile said it has sold CLP191bn ($281m) in peso-denominated notes at "historical rates" in the local market.
Sacyr Concesiones split the issue into two parts, pricing CLP154bn in 12-year notes at a fixed rate of 1.3% and CLP37.2bn in nine-year notes at 1.25%, the company said in a press release.
The order books filled up to two and a half times the offer, Sacyr said. It also said it will use the money to pay off debt and fund investments in Chile.
Spanish developer's concessions business issues $280m in a two-part bond deal