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Chile’s Empresa Electrica Cochrane talks $725 million 16-year notes to yield mid- to high-6%
By Rebecca Melvin
New York, Oct. 18 – Empresa Electrica Cochrane SPA plans to price $725 million of 16-year notes (Ba1) to yield mid- to high-6%, according to a market source.
The notes will be issued via special purpose vehicle Empresa Electrica Cochrane II SpA.
Further details were not immediately known.
The company is an electric utility in Chile.
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