May 17, 2019 |
Chile added $1.5bn to its 2023, 2030 and 2050 bonds, pricing the deal as worsening trade relations between China and the United States affected the bond market.
The bookrunners Itaú, Santander and Scotiabank priced the 2023s at 3.6%, the 2030s at 4.2% and the 2050s at 4.5%, tightening the spreads between 10bp and 20bp from initial price thoughts, a banker on the deal told LatinFinance.
Chile offered a premium of 3bp for the 2023s, 10bp for the 2030s and 8bp for the 2050s, issued as Eurocleara
Sovereign pays concessions up to 10bp for another $1.5bn in 2023, 2030 and 2050 bonds