Bloomberg News

Chile BCI May Sell Up to $842 Million in Inflation-Linked Bonds

September 30, 2011

Sept. 30 (Bloomberg) -- Banco de Credito & Inversiones, Chile’s fourth largest lender by assets, registered to sell as much as $842 million of inflation-linked bonds, according to a filing posted on the website of the Santiago stock exchange.

The bank plans to sell 20 million Unidades de Fomento, Chile’s inflation adjusted accounting unit, in 5- and 10-year bonds with a coupon of 2.6 percent.

To contact the reporter on this story: Eduardo Thomson in Santiago at ethomson1@bloomberg.net

To contact the editor responsible for this story: Philip Sanders at psanders@bloomberg.net


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