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Business & Finance

Chile files for debt shelf of $3 billion with US SEC

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By Fawad Maqsood
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imageSANTIAGO: Chile's government said late on Monday that it has requested to register a $3.0 billion debt shelf with the US Securities and Exchange Commission (SEC).

The Finance Ministry said in a statement that considering the balance of a previously approved debt line, Chile would now be allowed to issue debt overseas for up to $4.2 billion over the next three years.

It added that the request with the SEC does not "necessarily mean the debt will be used by Chile's treasury."

Copyright Reuters, 2015

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