Chileans storm back to bonds to shrug off political uncertainty

Chile, constitution, referendum, plebiscite, protests, unrest, Sebastian Pinera, president, politics, LatAm
By Oliver West
09 Jan 2020

Four Chilean issuers raised dollar funding in the first three days of the first full week of 2020, as hefty order books suggested investors shared the government’s confidence in the country’s outlook.

New issue markets in Chile had a quiet end to 2019 amid major protests across the country that had short-term economic implications and will bring a plebiscite on a new constitution in April. But this week Banco Estado, Santander Chile, Codelco and CMPC all found plentiful demand, with ...

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