May 1, 2020
Empresa de Transporte de Pasajeros Metro, the company that operates the subway system in Santiago, plans to go to the bond market to raise up to $1.5 billion in a two-part deal, according to a report from Fitch Ratings.
Fitch said it expects to give the new notes an A rating, in line with the government's long-term sovereign ratings, the rating agency said.
The notes are likely to mature in 2030 and 2050, and Metro will use the proceeds to refinance debt and cover general corporate purposes, acc
Metro could raise $1.5 bln in a two-part deal to refinance debt from expansion projects