Fitch rates Chile’s 2053 $1.5 bn sustainability bonds ‘A-‘

Fitch Ratings has assigned an ‘A-‘ rating to Chile’s $1.5 billion notes maturing April 15, 2053. The notes have a coupon of 3.5%. Chile issued the bonds in accordance with its Sustainable Bond Framework, and proceeds will be used to fund projects that qualify as eligible “green” and “social” expenditures.

Source: Fitch Ratings