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Codelco in US$900M bond raise

Low coupon for blue chip debt

Paul Harris
Chile's Codelco raises more green stuff

Chile's Codelco raises more green stuff

The 10-year notes have a 5.133% coupon and were 10 times over-subscribed, with interest from 400 investors. Its spread over the benchmark US treasury was just 158 basis points, which meant Codelco received...

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