Chile beats volatility to find peso demand

By Oliver West
16 May 2019

Chile attracted more international investors than ever before into a local currency deal this week as it braved a volatile market to raise $1.5bn-equivalent of new money and a further $420m through an exchange of old bonds.

The country’s head of international finance, Andrés Pérez Morales, told GlobalCapital that he felt the government had achieved an “exceptional result, especially given the recent jump in market volatility triggered by policy uncertainty in major economies”.

International investors accounted for nearly 24% of the deal, according to the finance ministry, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.