Security factoring unit preps UF bond sale

Security factoring unit preps UF bond sale

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Chile

Factoring Security, a division of Chilean financial services firm Grupo Security, is looking to issue up to UF2.5 million ($97.7 million) in inflation-linked bonds in the local market, a company source told LatinFinance on Tuesday. "The issue date has not yet been defined. In fact, it has not been filed with [local securities regulator] CMF," the source said. Factory Security is registering a new 10-year bond program with the CMF and plans to use the proceeds for general corporate purposes, the

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