Masisa to Meet Buyside

Chile’s Masisa plans to start fixed-income investor meetings next week ahead of a potential bond debut, according to people familiar with the matter. The BB rated producer of wood products is visiting Lima, New York, Los Angeles, Boston, New York and London Tuesday through December 13. Deutsche Bank, Itau, JPMorgan and Scotiabank are managing. CFO Carlos Toro told LatinFinance in January Masisa could look to issue a 5-year or 10-year bond this year of $200m-$250m. Proceeds would be used for refinancing the company’s outstanding debt. In September, Masisa raised UF2m ($94m) in a domestic bond transaction that was 2x oversubscribed.