Deals of the year 2010: Latin American awards

February 04, 2011

Fixed income makes its mark: Chile led the way as records tumbled across the region.


Republic of Chile dual-currency bond
Size:	$1.52 billion (two tranches: $1 billion; Ps272 billion ($556 million)
Date:	July 29 2010
Lead managers:	Citi, HSBC, JPMorgan
Launch spread:	90bp over US treasuries; N/A
Coupon:	3.875%; 5.5%
Tenor:	Both 10 years
América Móvil triple-tranche bond
Size:	$4 billion (three tranches: $0.75 billion; $2 billion; $1.25 billion)
Date:	March 23 2010
Lead managers:	Citi, Goldman Sachs, JPMorgan
Launch spread:	125bp over US treasuries; 140bp over US treasuries; 160bp over US treasuries
Coupon:	3.625%; 5.0%; 6.125%
Tenor:	5 years, 10 years, 30 years.
Lancer Finance Company secured bond
Size:	$270 million
Date:	October 15 2010
Lead arranger:	Nomura
Launch spread:	467bp vs CT5
Coupon:	5.85%
Tenor:	6.25 years
CNOOC’s acquisition of a 50% stake in Bridas Corporation
Size:	$3.4