May 1, 2019 |
Chile's SQM is poised to sell $350m in cross-border bonds on May 2, LatinFinance has heard.
"We are doing a simultaneous roadshow all over the world, including London, New York and Boston," said IR executive Irina Axenova.
The Santiago-based chemical company has hired Bank of America, JPMorgan and Santander to lead the transaction, Axenova said. SQM will use the proceeds to increase lithium production, she added.
Axenova did not reveal the expected size of the bond issue, but banking sources
Chilean chemical company looks to issue $350m in cross-border bonds on May 2