Codelco mines dollar bond return

Codelco mines dollar bond return

Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Project & Infrastructure Finance Politics Chile US

Chile's Codelco said it has raised $2bn to refinance debt through a two-part bond deal in the cross-border market, issuing $1.1bn in 10-year notes and $900m in 30-year notes. The bookrunners Bank of America, HSBC, JPMorgan and Scotiabank priced the 10-year paper at 3.02%, or 130bp over US Treasury notes, and the 30-year paper at 3.71%, or 155bp over US Treasury notes, the state-owned mining company said in a securities filing on Monday. The deal was four times oversubscribed with orders from mor

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial