July 11, 2022 |
Chilean retirement fund manager Caja Los Andes issued UF1.8 million ($61.3 million) in three-year social bonds in the local market on Thursday, according to a securities filing.
Caja Los Andes said it priced the inflation-linked 2025 notes at 4% and would use the proceeds to fund social loans.
Caja Los Andes issued UF2 million in inflation-linked notes in the local market in April to fund loans to employees of companies that work with the retirement fund. It issued the same amount in 10-year, UF
Chilean retirement fund manager prints $61 mln in inflation-linked notes to fund social loans