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Banks Hired for CLP Sustainable Bond To Fund Green Budgetary Programs

CHILE
  • According to Bloomberg the Republic of Chile has mandated Goldman Sachs, Itaú BBA, Santander, and Scotiabank (B&D) as Joint Bookrunners. A new 7.000% coupon CLP Rule 144A/Reg S, Chilean law-governed Euroclearable Sustainable Bond offering with benchmark size due May 1, 2029 or May 1, 2034 may follow, subject to market conditions.
    • The intention is to invest an amount equal of the proceeds to fund budgetary programs that qualify as eligible green expenditures and eligible social expenditures under Chile’s Sustainable Bond Framework.
  • Information from person familiar with the matter - Final terms of the offering may vary.

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