CorpBanca (BCA: Quote) Friday priced offering of $800 million aggregate principal amount of 3.125 percent senior notes due 2018.
The notes is payable semiannually on January 15 and July 15 of each year, beginning July 15, 2013. The notes will mature on January 15, 2018, unless being redeemed prior to the date.
CorpBanca intends to use the net proceeds of this offering for general corporate purposes, primarily to fund lending activities.
The sale of the notes is expected to be completed on or about January 15, subject to customary closing conditions.
Click here to receive FREE breaking news email alerts for Corpbanca and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.comBusiness News