Consorcio issues inflation-linked bonds

Consorcio issues inflation-linked bonds

Bonds Debt Fixed Income Capital Markets Chile

Chilean financial services company Consorcio Financiero issued UF1 million ($37.6 million) in seven-year bonds in the local market and set aside the proceeds to pay down debt. Consorcio priced the notes at UF plus 3.5%, according to a securities filing. The issue is part of a 10-year bond program that it registered in 2019. Consorcio's own brokerage division, Consorcio Corredores de Bolsa, managed the bond sale. Consorcio also has businesses in banking, insurance, pensions and asset management a

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