May 23, 2022 |
Chile's Banco BICE could issue as much as UF6 million ($233 million) in two series of inflation-linked bonds in the local market, raising money for general corporate purposes, Fitch Ratings said.
The Santiago-based bank will put UF3 million in each series with maturities of five and seven years, Fitch said in a report on Thursday.
Fitch assigned the proposed notes a BB+ rating on the local scale.
Earlier this month, Banco BICE announced plans to issue CLP300 billion in peso-denominated bonds. It
Chilean bank is expected to sell $233 mln worth of five- and seven-year notes in the local market