Dalgalarrando, Romero y Cía. successfully advises Telefónica Móviles Chile S.A. in the placement of a bond for the amount of $ 94,410 million Chilean pesos, the highest historical nominal pesos placement in the local market.

Telefónica Móviles Chile S.A., subsidiary of Spanish group Telefónica, placed a bond for the amount of $ 94,410 million Chilean pesos, thus becoming the highest historical nominal pesos placement in the local market. The placement obtained an oversubscription of 2.45 times the amount placed and was rated “AA” by Fitch Ratings as and “AA +” by ICR. The bonds are payable in September 2021.

BCI Corredor de Bolsa S.A. and Santander Corredores de Bolsa Ltda. acted as placement agents. The placement obtained a yearly fixed interest rate of 4.75%.

Spanish group Telefónica is present in over 20 countries, providing them with mobile, broadband internet, digital TV and fixed network telephony services. In Chile, the company operates through its Chilean subsidiaries, Telefónica Chile S.A. and Telefónica Móviles Chile S.A., under the Movistar brand, with 12 million customers, making it the largest company of its kind in our country.

 

Dalgalarrando asesora a Telefónica Móviles Chile en emisión por USD 142 millones