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Codelco to repurchase bonds

Chile’s state copper company Codelco is to repurchase its dollar-denominated bonds due 2023 and 2025, and bonds denominated in euros due 2024, with its offer open until October 19.

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Codelco to buy back bonds

Codelco has used bond for many years to raise finance for its development plans including its cureent $32 billion invesment plan through 2027, and ended 2020 with some US$16.