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Chile’s ENAP plans to price offering of new notes
By Marisa Wong
Los Angeles, April 26 – Empresa Nacional del Petroleo (ENAP) is planning an offering of new notes (Baa3/BB+/A-), according to a press release.
The company is concurrently conducting a tender offer and consent solicitation for its 4 3/8% notes due 2024. The tender offer is conditioned on the new notes issuance.
ENAP is a Santiago, Chile-based energy company engaged in the exploration, development and production of crude oil and natural gas.
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