Chilean corporate debt becomes Euroclearable

Chilean corporate debt becomes Euroclearable

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Regulation Chile Europe

Local-currency debt issues by Chilean companies have become Euroclearable, four years after sovereign debt deals qualified for the distinction, Belgium-based clearing house Euroclear announced on Friday. "This is the result in changes in the legal framework and tax treatment of these securities, making them compatible with international standards," Andrés Pérez, the head of international finance at the Chilean Finance Ministry, said in a recorded statement on Euroclear's website. "As a result, C

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