The bond had an annual interest rate of 4.5% and a duration of 15 years, Calichera said in a note to the market regulator.

SQM is one of the world`s largest producers of lithium, a key mineral for electric car batteries. Ponce, a former son-in-law of late Chilean dictator Augusto Pinochet , was barred from decision making at the company as part of a contract with the government allowing the firm to boost lithium output.
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http://www.miningnewspro.com/en/News/225121/Part-owner of Chile lithium producer SQM sells $275m bond