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Cencosud Lowers Equity Expectation

Jun 11, 2012

Chile's Cencosud has reduced the size of its planned New York equity sale, to about $590m, from about $720m, it says. The retailer now expects to sell 91.3m shares, in the form of ADS, down from 125m it...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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