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Government Announces Bond Buyback Offer

CHILE
  • Chile announced earlier that it is planning to tap international debt markets for the second time this year as it offered to buy back some of its global peso bonds.
  • Bonds to be tendered:
    • Chilean-peso denominated 2.5% bonds due March 1, 2025
    • Chilean-peso denominated 4.5% bonds due March 1, 2026
    • Chilean-peso denominated 2.3% bonds due October 1, 2028
    • Chilean-peso denominated 2.8% bonds due October 1, 2033
  • Offer expires at 10:00 a.m. New York time on May 30
  • Chile last tapped global bond markets in January, when it sold $1.7 billion in dollar notes due in 2029.
  • Citigroup Global Markets Inc., Itau BBA USA Securities, Inc. and Santander US Capital Markets LLC are running the deal.

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