Caja Los Andes sells inflation-linked notes

Caja Los Andes sells inflation-linked notes

Bonds Debt Fixed Income Capital Markets Chile

Chilean retirement fund manager Caja Los Andes said it issued UF2 million ($77.9 million) in inflation-linked notes in the local market on Thursday. Caja Los Andes said it sold the 10-year bullet notes to raise money to provide loans to employees of companies that work with the retirement fund, according to a securities filing. The fund did not provide pricing information for the deal. In April last year, Caja Los Andes issued CLP60 billion (now $74.8 million) in three-year, peso-denominated bon

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