Supermercados Bond Expected

Chile’s Supermercados del Sur is expected to issue up to UF2.5m ($153m) in 4 tranches of local bonds today, according to a banker on the deal. The retailer is expected to offer a 4.10% 2015 UF-denominated piece, a 7.20% 2015 CLP-denominated portion, a 4.30% 2020 UF portion and a 4.70% 2028 UF piece. LarrainVial is leading the sale, rated BBB+/A on a national scale.