Codelco comes tight on bond return

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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Codelco comes tight on bond return

Oliver West
July 26, 2017 05:15 AM
Codelco,
A woman poses next to a giant mining truck at the entrance of the Dakar Rally camp in Calama, Chile, Monday, Jan. 13, 2014. The truck operates in copper mines near the city. (AP Photo/Victor R. Caivano) | Victor R. Caivano/AP/Press Association Images

Investors dug deep for Chilean copper giant Codelco’s first bond issue in 22 months on Tuesday as bankers at the leads claimed a negative new issue premium on the issuer’s 10 year tranche.

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Oliver West
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