EFE lines up sale of UF notes

EFE lines up sale of UF notes

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Project & Infrastructure Finance Chile

Chile's Grupo EFE said on Friday that it plans to sell up to UF3.87 million ($132 million) in inflation-linked notes in the first half of the year to raise money to cover investments. The state-owned rail company said it received the go-ahead for the deal from the Finance Ministry, according to a securities filing. The bullet bonds will mature in 10 to 35 years and come denominated in unidades de fomento, or UFs, a unit of account adjusted for inflation. The notes will pay no more than 150 basis

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