September 25, 2020
Chilean retirement fund manager Caja Los Andes said it issued UF1 million ($36.7 million) in inflation-linked notes in the local market on Wednesday, but it did not release the pricing information.
Caja Los Andes said it sold the 10-year notes to raise money to provide loans to employees of companies that work with the retirment fund, according to a securities filing.
The fund said in May that it planned to sell up to UF9 million in bonds in the local market. It previously issued UF2 million in
Chilean retirement fund manager prints $37 mln in inflation-linked bonds in the local market