CorpBanca Announced the Offering of Senior Notes


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


CorpBanca, (NYSE: BCA) announced the offering of senior notes (the "Notes"). The Notes will be issued pursuant to an indenture. The sale of the Notes is expected to be completed on or about January 14, 2013, subject to customary closing conditions. CorpBanca expects to use the net proceeds of this offering for general corporate purposes, primarily to fund lending activities. Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering. The offering may be made only by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained by sending a request by writing or telephoning us at our principal executive offices at the following address:

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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