Tanner Prices Domestic Bonds

Tanner Servicios Financieros has issued UF1.5m ($72m) in the Chilean local bond market. The financial services company priced the 2017 bond at 99.18 with a 4.7% coupon to yield 4.9%, or government bonds plus 256bp. The deal, by BBVA and rated A on a national scale, saw approximately 1.8x demand.