Bci resets dollar benchmark in bond return

Bci resets dollar benchmark in bond return

Corporate & Sovereign Strategy Bonds Debt Fixed Income Chile Capital Markets

Banco Bci, the third-largest lender in Chile, sold $500 million worth of 10-year, dollar-denominated bonds on Wednesday after receiving around $1.1 billion in orders, sources involved in the deal told LatinFinance. "Demand came more from institutions, less from private [investors]," said Laszlo Lueska, partner and portfolio manager at São Paulo-based investment firm Octante Capital. "Given the current situation in the market, the demand is still good," he added.  The new 2031 notes carried a cou

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