WOM Chile mobilises for new bond

Chile, mobile phone, cell phone, WOM, Nextel, cable, telecoms, telco, LatAm
By Oliver West
12 Jan 2021

Chilean mobile phone operator WOM began investor calls on Monday ahead of a proposed bond issue of up to $450m.

Bank of America, JP Morgan and Santander are leading B1/B+/BB- rated WOM’s proposed deal, which will either be a five year non-call two or a seven year non-call three note. 

Proceeds will be used to refinance a syndicated loan of $171m, and for general corporate purposes ...

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