Chilean Masisa Issues Inflation-linked Bonds

Chilean Masisa, Latin America’s leading wood board manufacturer, has issued two tranches of local inflation-linked bonds worth $163 million in total. The company issued $69 million worth of seven-year bonds priced at 4.59% and $94 million worth of 21-year paper, priced at 4.79%. The funds raised will be used to finance expansion and investment projects in Chile and abroad.