An intended issue of up to US$500m senior unsecured notes by Telefonica Chile has received a provisional BBB+ rating from Fitch, while S&P will assign a BBB rating.
The notes will mature in 2022, Fitch said.
The company is aiming to price the notes at…
An intended issue of up to US$500m senior unsecured notes by Telefonica Chile has received a provisional BBB+ rating from Fitch, while S&P will assign a BBB rating.
The notes will mature in 2022, Fitch said.
The company is aiming to price the notes at 250 basis points over US treasuries, LatinFinance wrote, which previously reported that Telefonica Chile went on an investor road show with BBVA, Citi and JP Morgan from Monday to Wednesday this week.
Telefonica’s Chilean subsidiary is the largest operator in both the fixed and mobile markets in Chile operating under the Movistar brand.
