Consorcio leads rush to Chilean stock market

Consorcio leads rush to Chilean stock market

Capital Markets Equity Chile Latin America

Chilean lender Banco Consorcio said it raised CLP40 billion ($51.5 million) from the sale of preferred shares as more companies line up follow-on offerings on the local stock exchange. The Santiago-based bank said it sold 37,562 shares to controlling shareholders Consorcio Financiero and Consorcio Inversiones Dos, which form part of the Grupo Consorcio conglomerate, according to a securities filing. Grupo Security, another financial services firm, also said it plans to sell shares. In a statemen

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