Southwater Raises Domestic Funding

Inversiones Southwater, an Ontario Teachers’ Pension Plan-controlled holdco for 4 Chilean water assets, has sold UF5.6m ($241.5m) in 25-year bonds, priced with a 4.5% coupon to yield 4.3%. Banchile was the sole lead. The bond is non-callable and amortizes starting in year 23.