January 6, 2020 |
Chile's CMPC has hired JPMorgan and Scotiabank to coordinate a benchmark-sized bond sale in dollars alongside MUFG and Santander, according to market sources.
Split into two teams, the bookrunners will take the Santiago-based paper and pulp company to meet investors in Boston and London on January 6, before going to New York on January 7.
Moody's gives CMPC a Baa3 rating, the last rung in investment grade, while S&P Global gives it a BBB- and Fitch a BBB.
CMPC got a five-year syndicated loa
Chilean paper company retains JPMorgan and Scotiabank to coordinate the deal alongside MUFG and Santander