Chilean real estate, toll road companies to make bond debuts

Chilean real estate, toll road companies to make bond debuts

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Chile Colombia Latin America

Chilean real estate developer Rentas e Inversiones Baker and Ruta del Loa, a toll road concessionaire, are seeking regulatory approval to sell debut bonds on the Chilean capital markets, as more companies line up issuances to take advantage of low interest rates. Baker, which rents out land for service stations, wants to raise UF4 million ($150.4 million) in the sale of equal amounts of 10-year and 30-year notes, according to documents filed with the securities regulator CMF. The notes will be s

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