Corporacion Nacional del Cobre de Chile (Codelco)

Codelco - MIGA Covered Financing

Industry
Metals and Mining/Base metals
Area of finance
Development Bank Finance
Region
Latin America
Latin America
Countries
Chile

Deal Overview

MIGA has issued a 15-year guarantee covering the risk of non-honouring of financial obligations by a state-owned enterprise (NHFO-SOE) on a $532 million loan to Chilean state-owned copper miner Codelco. The long-term debt will cover Codelco’s payment obligations under five renewable energy...

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Deal Volume
$531.75m
Financial Close
28/06/2024
Dealmakers
Sandro Brites

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Sources
Submitted by participant(s)

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Tranches

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