Category: Chile

At his second go-around as head of the Chilean state-owned mining company Codelco, Juan Villarzú is promising to double the company’s value, but he still must contend with vocal, local critics.

Never before has a Latin sovereign issued debt denominated in another Latin American currency. Uruguay’s highly successful Chilean-peso bond gave it a new investor base and put the region?s local capital markets in the spotlight.

Chile’s new corporate governance law offers a regional blueprint for protecting minority shareholder rights. But a controversial provision gives companies three years to avoid the law?s real teeth.