Agrosuper Lands Local Debt

Chile’s Agrosuper has raised UF1.5m ($70m) in the domestic bond market, according to a person familiar with the transaction. The 2017 bullet priced at 98.75 with a 3.50% coupon to yield 3.78%, or government bonds plus 159bp. IMTrust managed the sale, rated A+/AA minus on a national scale. Agrosuper had previously issued in December, selling UF5m in 3.80% 21-year bonds at a 4.78% yield through Banchile and LarrainVial.