Renewable Energy

Chile sets IPTs on Green bond with 2050 maturity

Chile has set initial price thoughts of US Treasuries plus 120bp area on a Green bond due 2050, according to a lead bank.

By Miluska Berrospi

NEW YORK, June 17 (IFR) - Chile has set initial price thoughts of US Treasuries plus 120bp area on a Green bond due 2050, according to a lead bank.

Concurrent with the offering, sovereign is offering to repurchase some of its outstanding notes due 2020, 2021, 2022, 2025, 2026, 2042 and 2047, according to an SEC filing.

BNP Paribas, Citigroup and HSBC have been mandated on the deal, according to the filing.

(Reporting by Miluska Berrospi; Editing by Paul Kilby)

((Miluska.Berrospi@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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