In a sign that Latin American governments have begun to cautiously resume borrowing on international capital markets, the government of Chile has named Chase Manhattan Corp. and Merrill Lynch & Co. lead managers of a $500-million issue of 10-year sovereign bonds.

A Chase spokesman declined to comment on the Chilean announcement last week, citing Securities and Exchange Commission regulations.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.