Chilean Arauco returns with paper thin premium

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Chilean Arauco returns with paper thin premium

Chile
An air view of a naturally semi-dried forest in seen near Puerto Natales in the Chilean Patagonia, Chile, Saturday, Nov. 10, 2007. U.N. Secretary-General Ban Ki-moon visited the Antarctica and the Chilean Patagonia to see firsthand the impact of climate change and the melting of glaciers. (AP Photo/Roberto Candia) | Roberto Candia/AP/Press Association Images

Celulosa Arauco y Constitución, the Chilean pulp producer and second largest company of its kind in the world, sold $500m of 10 year bonds at a new issue premium seen as flat to negative by DCM bankers.

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