Published on 10/6/2017 in the Prospect News Emerging Markets Daily.
New Issue: Banco de Credito e Inversiones sells $500 million 3½% 10-year notes to yield 3.68%
By Rebecca Melvin
New York, Oct. 6 – Chile’s Banco de Credito e Inversiones priced $500 million of 10-year senior notes (expected rating: A) at 98.769 to yield 3.68% on Thursday, according to a market source.
Bookrunners were Citigroup, HSBC, and Standard Chartered Bank.
The Santiago-based bank specializes in savings and deposits, securities brokerage, asset management and insurance.
| Issuer: | Banco de Credito e Inversiones
|
| Issue: | Senior unsecured notes
|
| Amount: | $500 million
|
| Maturity: | Oct. 12, 2027
|
| Bookrunners: | Citigroup, HSBC and Standard Chartered Bank
|
| Coupon: | 3½%
|
| Price: | 98.769
|
| Yield: | 3.68%
|
| Pricing date: | Oct. 5
|
| Settlement date: | Oct. 12
|
| Rating: | S&P: A
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
