January 24, 2022 |
Chilean power transmission company Sociedad de Transmisión Austral (STA) made its debut in the international debt market on Friday, selling $390 million worth of 10-year green bonds after delaying the deal for a day, sources told LatinFinance.
STA priced the new 4% 2032 bonds at 97.933 to yield 4.256%, or 250 basis points over US Treasury bonds, after opening the deal in the around 200 basis points on Thursday, a sell-side source said
Orders reached $500 million with Itaú BBA and Scotiabank as j
Chilean power transmission company raises $390 mln to refinance green projects after delaying the deal for a day