Transelec prefunds as Chileans stay tight
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Emerging MarketsEM LatAm

Transelec prefunds as Chileans stay tight

Chile, Transelec

Emerging market bond investors say they are finding little value in investment grade Chilean corporates after power transmission company Transelec continued LatAm’s lengthening run of blowouts with a $375m deal sold inside its existing — admittedly illiquid — bond.

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