Chile’s Empresas Carozzi makes bond issuance
Posted on Apr 30, 2026
Chilean foods conglomerate Empresas Carozzi has successfully completed a long-term UF-denominated Y-Series bond issuance, raising approximately $67 million (UF 1.5 million).
The transaction was executed via a Dutch auction mechanism, achieving a final yield of 3.14%, representing a spread of approximately 87 basis points and pricing below the initial guidance.
The bonds have a final maturity in 2047, incorporating an amortization structure beginning after year 10.
The company was advised on the issuance by law firm Guerrero Olivos, with a team led by partner César Gálvez, with senior associate Sebastián Marambio and associates Alexandra Höpfner and Sophie Beaujanot.
Empresas Carozzi’s in-house counsel was Matías Ríos.
