--- title: "Chilean company SQM returns to the local currency bond market for financing after seven years" type: "News" locale: "en" url: "https://longbridge.com/en/news/268635978.md" description: "Chilean Chemical and Mining Company (SQM) issued 10 million \"development units\" hybrid bonds with a maturity of 6.3 years and a yield of 3.84%. The bonds are considered 50% equity and 50% preferred debt, helping to maintain a high rating. The funds will be used for corporate purposes and debt refinancing, including a three-year capital expenditure plan. This marks SQM's return to the Chilean domestic bond market for the first time in seven years" datetime: "2025-12-04T14:58:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/268635978.md) - [en](https://longbridge.com/en/news/268635978.md) - [zh-HK](https://longbridge.com/zh-HK/news/268635978.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/268635978.md) | [繁體中文](https://longbridge.com/zh-HK/news/268635978.md) # Chilean company SQM returns to the local currency bond market for financing after seven years Chilean Chemical and Mining Company (SQM, lithium producer) issued 10 million "development units" (unidades de fomento) hybrid bonds with a term of 6.3 years and a yield of 3.84%. The bonds are considered 50% equity and 50% preferred debt, which helps credit rating agencies maintain a higher overall rating for the issuer. SQM will use the raised funds for general corporate purposes and refinancing existing debt, including a three-year capital expenditure plan. This marks the company's first return to the Chilean domestic debt market in seven years ### Related Stocks - [Sociedad Química y Minera de Chile S.A. (SQM.US)](https://longbridge.com/en/quote/SQM.US.md) ## Related News & Research - [Sociedad Química y Minera de Chile (SQM) Is Up 7.3% After Proposing 50% 2025 Earnings Payout – Has The Bull Case Changed?](https://longbridge.com/en/news/281198854.md) - [Breaking Down Sociedad Quimica Y Minera: 8 Analysts Share Their Views](https://longbridge.com/en/news/277831245.md) - [3 Monthly Dividend Stocks With High Yields](https://longbridge.com/en/news/281076989.md) - [Yield on 10-yr U.S. Treasury notes down 3.6 bps at 4.4038%](https://longbridge.com/en/news/280933945.md) - [Yield on 30-yr U.S. Treasury bonds down 3.1 bps at 4.951%](https://longbridge.com/en/news/280933983.md)