May 16, 2025
ARAUCO places sustainable bond for US$ 500 million
The subsidiary issued US$ 500 million in bonds with a seven-year maturity and an annual rate of 6.18%. The transaction t...
Sustainability / Published April 28, 2023
ARAUCO issues its first Sustainable Bond in Chile for UF 7 million
This is the first placement of bonds in this category in the country by the subsidiary ARAUCO. These instruments are rated as sustainable because they include a commitment to finance or refinance, for an equivalent amount, green and social projects. These can include, for example, encouraging the planting of trees, protecting biodiversity, promoting circular economy, developing products from renewable sources, and fostering local development during the term of the bond, among others.
These securities were for a total of 7 million UF (Chile’s inflation-indexed currency, approximately US$ 312 million), which correspond to lines “Y”, maturing in 2032, and “Z”, maturing in 2044. The series were issued at rates of 3.35% and 3.18%, respectively, and were rated AA/Stable (Fitch Chile and Feller Rate). The placement agents were Scotia Corredora de Bolsa and Santander Corredores de Bolsa.
More
Related news
May 16, 2025
ARAUCO places sustainable bond for US$ 500 million
The subsidiary issued US$ 500 million in bonds with a seven-year maturity and an annual rate of 6.18%. The transaction t...
April 22, 2025
Copec Voltex opens ultra-fast charging hub on Route 68
The subsidiary took a key step in strengthening the country’s electromobility infrastructure with the inauguration...
February 26, 2025
Pronto Copec aims to become Zero Waste by 2029
The subsidiary has set the goal of promoting sustainable transformation with a real impact on the environment and circul...