April 30, 2018 / 1:03 PM / 3 months ago

UPDATE 1-Chile's Codelco says sells $600 mln in 30-year bonds at 4.85 pct

(Adds information from company statement)

BUENOS AIRES, April 30 (Reuters) - Chile’s state-owned copper mining company Codelco said on Monday it issued $600 million in 30-year bonds at 4.85 percent.

Proceeds from the deal will be used to lower short- and medium-term financing pressures and improve Codelco’s debt profile, the company said in a statement. (Reporting by Felipe Iturrieta Editing by Bill Trott)

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