CCAF 18 de Septiembre has completed a restructuring
April 2021 — Caja de Compensación de Asignación Familiar 18 de Septiembre (CCAF 18 de Septiembre) has completed a successful bond voluntary call option.
CCAF 18 de Septiembre is a non-profit, private corporation with over 50 years of experience in administering social security benefits granted by the state of Chile. Among these benefits are household allowances, unemployment benefits and work disability allowances, among others. It also offers additional services such as social credits and legal counseling.
Our role in the transaction
Oaklins’ team in Chile acted as financial advisor to CCAF 18 de Septiembre for a voluntary call option of a senior bond with the goal of reducing its financial debt and interest expenses.
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