Home / Daily Briefs / 2023 / 24 / Parque Arauco prints bonds in local market

Parque Arauco prints bonds in local market

Parque Arauco prints bonds in local market

March 24, 2023 | Charles Newbery
Shopping mall raises $132 mln in the sale of 21-year notes as Banco Consorcio issues the same amount in seven-year bonds

Bonds Debt Fixed Income Capital Markets Retail shopping Commerce Chile Switzerland

Chilean shopping mall operator Parque Arauco said Wednesday that it raised UF3 million ($132 million) in the sale of bonds in the local market, while two banks also issued debt. Parque Arauco, which also has real estate operations in Colombia and Peru, said it issued the 21-year bonds in unidades de fomento, or UFs, a unit of account adjusted for inflation. It priced the notes to pay UF plus 3.15%, according to a securities filing. Link Capital Partners and Banco Bci were the bookrunners on the

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