By Christine Van Dusen
Atlanta, March 7 - Chile's Tanner Finanzas Corporativas printed $250 million 4 3/8% five-year notes (//BBB-) at 99.446 to yield Treasuries plus 369.9 basis points, a market source said.
The notes were talked at a coupon in the 4½% area.
BofA Merrill Lynch was the bookrunner for the Regulation S deal.
Tanner is a financial services company based in Santiago.
| Issuer: | Tanner Finanzas Corporativas
|
| Amount: | $250 million
|
| Maturity: | March 13, 2018
|
| Description: | Senior notes
|
| Bookrunner: | BofA Merrill Lynch
|
| Coupon: | 4 3/8%
|
| Price: | 99.446
|
| Spread: | Treasuries plus 369.9 bps
|
| Trade date: | March 7
|
| Settlement date: | March 13
|
| Ratings: | Fitch: BBB-
|
| Distribution: | Regulation S
|
| Price talk: | 4½% area
|
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