AquaChile Takes Time with $250m Equity Sale

AquaChile, the salmon producer, is in no hurry to complete its local and international equity offering worth up to $250 million, according to a banker on the deal. “We’ll look for the best market,” says the official, adding that it will probably not happen until 2008. IM Trust is the lead. Meanwhile, a $64 million local rights offering for Clinica Las Condes, which was expected by the end of November, has closed. The stock was placed entirely with existing shareholders.