Nueva Atacama pitches UF notes

Nueva Atacama pitches UF notes

Capital Markets Bonds Debt Fixed Income Chile Latin America

Chilean water utility company Nueva Atacama has asked for authorization to sell UF2.3 million ($71.5 million) in 15-year inflation-linked bonds in the local market. The company will use the process to refinance short- and long-term debts, as well as for investments and working capital, according to documents filed with the securities regulator CMF. It will issue the notes in unidades de fomento, or UFs, a unit of account adjusted for inflation. In April, Nueva Atacama registered a bond program f

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