Bonds
Chile Taps Global Markets for Sustainability-Linked Peso Bonds
- Nation is selling ESG peso debt due 2037 to foreign investors
- Initial price discussions call for a yield in the high 5% area
Heliostat panels stand at the Cerro Dominador Solar Thermal Plant in the Atacama desert in the commune of Maria Elena, Antofagasta region, Chile.
Photographer: Cristobal Olivares/BloombergThis article is for subscribers only.
Chile is once again tapping international bond markets with a deal that hinges on lower greenhouse gas emissions and the number of women on company boards.
The South American nation is offering sustainability-linked bonds due in 2037 and denominated in Chilean pesos, according to a person familiar with the matter, who asked not to be identified because they’re not authorized to speak about it. The new debt is expected to price as early as Thursday, and initial discussions suggest a yield in the high 5% area, the person said.