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New $ Deal: Republic Of Chile $BMark Sust. Offering In 3 Parts

CHILE

NEW DEAL: Republic of Chile $Benchmark Sust.; 5Y, 12Y, 30Y (Bloomberg)

Expected to price today.
  • USD 5Y Fixed (Jan. 31, 2027) IPT +150 Area
    • 1-month par call, MWC
  • USD 12Y (Jan. 31, 2034) IPT +low 200s
    • 3-month par call, MWC
  • USD 30Y (Jan. 31, 2052) IPT +225 Area
    • 6-month par call, MWC
  • Issuer: Republic of Chile (CHILE)
  • Exp. Ratings: A1/A
  • Format: SEC registered, senior unsecured, sustainability bond
  • UOP: Invest an amount equal to the proceeds from the sale of the notes, net of the underwriting discount and certain expenses, into projects that may qualify as “eligible green expenditures” and “eligible social expenditures” under Chile’s Sustainable Bond Framework
  • Settlement: Jan. 31, 2022 (T+2)Denoms: 200k x 1k
  • Bookrunners: Citi, HSBC (B&D), Santander, SCOTIA
  • Information from person familiar with the matter, who asked not to be identified because they're not authorized to speak about it

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