Investors drill deep for Enap’s first long bond

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Investors drill deep for Enap’s first long bond

Chile, oil, Enap
Cuban Prime Minister Fidel Castro in Tierra del Fuego, in Southern Chile November 1971, where he visits an oil field camp. (AP Photo) | AP/Press Association Images

A hefty back-up in US Treasuries did not stop Chilean oil company Enap clinching its longest ever bond issue on Monday, offering what bankers off the deal saw as a single digit new issue premium.

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