Entel Plots Domestic Issue

Chile’s Empresa Nacional de Telecomunicaciones (Entel) is looking to sell up to UF5m ($237m) in 10 and 30-year bonds in the domestic market. The timing is for the second half of this year, says a banker on the deal. The telecom is raising funds for investments, working capital and debt repayments. It has hired IMTrust and Bice as leads.