E-CL monitors markets as LatAm waits for storm to pass

By Oliver West
16 Oct 2014

Chilean power company E-CL opted not to issue a planned bond on Thursday as LatAm DCM and syndicate bankers said they would be in no rush to issue during periods of volatility.

E-CL completed a roadshow with Bank of America Merrill Lynch, Citi and HSBC on Wednesday, just as global markets experienced one of their most volatile days in recent years. Until Thursday morning, bookrunners were considering announcing E-CL’s deal, but LatAm showed little sign of detaching itself from the ...

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