Successful placement of bonds by Masisa
- Details
CHILE (Notifix).- Masisa successfully issued two series of bonds totaling UF 2,000,000 (USD 90 million) in a transaction considered successful by the company and by advising agents BCI Asesores Financieros S.A and Scotiabank Chile. It is notable that this operation recorded an excess in demand of 100% of the amount placed. The proceeds of the placement will be used in refinancing liabilities and covering costs associated with the placement. "The result of this financial transaction is another example of market sentiment towards Masisa, its focused strategy on Latin America, its adequate financial profile and long-term vision," said Eugenio Arteaga, corporate CFO of Masisa.