By Rebecca Melvin
New York, Dec. 3 – Banco del Estado de Chile priced CHF 125 million senior notes due 2024 (A1/A+/A) to yield 0.6925% on Monday, according to market sources.
The issuance was made under the bank’s medium-term note program of up to $3.5 billion.
Proceeds are for general corporate purposes.
The state-owned financial services company is based in Santiago, Chile.
| Issuer: | Banco del Estado de Chile
|
| Amount: | CHF 125 million
|
| Maturity: | Dec. 4, 2024
|
| Description: | Senior notes
|
| Yield: | 0.6925%
|
| Trade date: | Dec. 3
|
| Expected ratings: | Moody's: A1
|
| S&P: A+
|
| Fitch: A
|
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