Quinenco Poised to Tap

Chilean conglomerate Quinenco is expected to price an up to UF4.65m ($202m) bond offering in the local market today. Delayed late last year, the offering could comprise an up to UF2.3m 3.5% 7-year with a 2-year grace period, and an up to UF2.3m 4% 21-year with a 15-year grace period. Proceeds will be use for investments. Banchile Citi and BBVA are managing.