February 21, 2020 |
Chilean lender Banco Bci raised CHF125 million ($127 million) from the sale of 6.5-year notes in the Swiss bond market on Thursday, a source involved in the deal told LatinFinance.
The Santiago-based bank priced the 2026 notes at 100.008 with a 0.1% coupon, or 70 basis points over mid-swaps, the source said.
Led by Credit Suisse and Zürcher Kantonalbank, Bci did not open the deal with initial price talk. Instead, it went straight to the bookbuilding process and set the guidance at 70 basis point
Chilean bank raises $127 mln in its fourth deal in the Swiss bond market in less than a year