Bank Holdco Prices UF Deal

LQ Inversiones Financieras, the holding vehicle for the Quinenco conglomerate’s 50% stake in Banco de Chile, has sold UF1.5m ($65m) in bonds. The 2033 note priced at 95.77 with a 3.5% coupon to yield 3.87%. The bonds are rated AA+ on a national scale, and come with a 10.75-year grace period. Banchile-Citi and Bice managed the sale.