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Banco del Estado de Chile talks $500 million 10-year notes at Treasuries plus 237.5 bps area
By Christine Van Dusen
Atlanta, Feb. 1 - Banco del Estado de Chile has set price talk at the Treasuries plus 237.5 basis points area for its planned $500 million issue of 10-year senior notes (expected ratings: Aa3/A+/), a market source said.
Citigroup, Deutsche Bank and HSBC are the bookrunners for the Rule 144A and Regulation S deal.
Proceeds will be used for general corporate purposes.
Banco del Estado de Chile is a lender based in Santiago, Chile.
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