Transelec Places Second Tranche

Chilean power-transmission company Transelec placed UF1.6m ($67.6m) in local bonds through a Dutch auction at 100.09 to yield 4.59% on Friday. According to the filing, duration will be 13.86 years. The day before, it placed UF1.5m ($63.5m) at 98.93 to yield 3.75%. According to the filing, duration will be 4.4 years. LarrainVial managed the sale.