Sacyr road sells UF notes in Chile

Sacyr road sells UF notes in Chile

Bonds Debt Capital Markets Fixed Income Project & Infrastructure Finance Chile Europe

Ruta del Algarrobo, a toll road concession in Chile owned by Spanish developer Sacyr, said it issued UF9.3 million ($331 million) worth of inflation-linked notes in the local market. The 15-year notes, arranged by BTG Pactual and Santander, carried a fixed rate of 3.01% per year, Ruta del Algarrobo said in a securities filing. The concessionaire added that it will use the money to pay back loans from Itaú Corpbanca and BancoEstado. Sacyr Concessiones, the company's infrastructure concessions bus

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