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Emerging MarketsEM LatAm

EFE rides to tightest ever Lat Am corp long bond

Pedro Pablo Errázuriz, EFE, Chile, transport, railways, LatAm, 575

Chilean state railway operator Empresa de los Ferrocarriles del Estado (EFE) debuted in international bond markets on Tuesday, achieving the lowest yield ever achieved by a Latin American corporate on a 30 year issue on the back of an eight times oversubscribed order book.

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