BancoEstado taps Asian investors in two-part trade

BancoEstado taps Asian investors in two-part trade

Capital Markets Debt Bonds

BancoEstado has raised the equivalent of roughly $195m through trades in Hong Kong and Japan, deepening its ties with Asia's bond markets. The state-run Chilean financial institution debuted in Hong Kong with a 15-year $76m equivalent transaction and tapped Japanese investors for the second time with a 10-year $119m bond. Carlos Martabit, BancoEstado's CFO said in an emailed statement: "Both trades confirm our funding diversification strategy. We are trying to develop long-term relationships wit

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