January 15, 2020 |
Chilean non-banking financial institution Tanner Servicios Financieros has raised CHF200 million ($207 million) from the sale of 2.75-year notes in the Swiss bond market, sources involved in the deal told LatinFinance.
The Santiago-based firm priced the 2022 notes at 100.05 to yield 0.6%, or 117 basis points over the mid-swap rate, according to one source. Tanner is scheduled to settle the new notes on March 7, the source added.
Led by Credit Suisse, Tanner had set the guidance at 0.625%, or aro
Chilean financial institution lowers the yield to 0.6% on a $207 mln debt deal in the Swiss market