CAP, Concha y Toro line up UF bond deals

CAP, Concha y Toro line up UF bond deals

Bonds Debt Capital Markets Fixed Income Chile Andean

Chilean iron and steel producer CAP and winemaker Viña Concha y Toro are seeking authorization to sell inflation-linked bonds, a move seen as taking advantage of low interest rates to raise funds. CAP, the largest steelmaker in the country and a leader in iron ore in Latin America, plans to sell up to UF12 million ($421 million) in 10- and 30-year bonds, according to documents filed with the securities commission CMF. The proceeds from the two issues of UF6 million each will go to working capita

Already have an account?

Free trial

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

Free Trial