Chile's Codelco sets guidance for $500 million 10-year notes at Treasuries plus 90 bps

By Reshmi Basu

New York, Oct. 20 - Corporacion del Cobre de Chile (Codelco) set price guidance for its $500 million offering of 10-year senior unsecured notes (A2/A) at U.S. Treasuries plus 90 basis points, according to a market source.

The roadshow moves to Boston on Thursday. Pricing is expected this week.

Citigroup and HSBC are running the deal.

The company, based in Santiago, Chile, is the world's biggest copper producer.

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