Bci sells bonds in Taiwan

Bci sells bonds in Taiwan

Corporate & Sovereign Strategy Bonds Debt Fixed Income Chile Asia Capital Markets

Banco Bci, the third-largest lender in Chile, said it raised $133 million in the sale of five-year bonds to private investors in Taiwan, part of an effort to diversify is financing sources. The Formosa notes, or foreign currency notes issued in Taiwan, were sold at a price to pay a 1.88% rate of interest, according to a press release on Thursday. This was the bank’s first sale of such bonds, a deal that was led by Crédit Agricole and Standard Chartered. The issue “is in line with our strategy of

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