Colbún postpones bond sale in volatile market

Colbún postpones bond sale in volatile market

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Funds Energy Electricity Chile Andean US

Chilean utility company Colbún has delayed plans to issue bonds as the international debt markets ground to a halt this week, a source involved in the deal told LatinFinance on Thursday. The Santiago-based company finished a three-day roadshow on Wednesday, after pitching $500 million worth of notes due between 2030 and 2050 to investors in Miami, Boston, New York and London, but it decided not to go to the bond market on Thursday as previously planned, the source said. "There have been no issua

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