August 6, 2020 |
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
Grupo Security and Blumar plan share sales as the Santiago-based lender raises $52 mln in a follow-on