Cencosud Bags Acquisition Funds
Investors put in more than $8.5bn in orders for Cencosud’s 2023 bonds, allowing the Chilean retailer to upsize the new issue to $1.25bn from a planned $1bn. Fresh off of a $2.6bn cross-border acquisition that made it Colombia’s second-largest retailer, the operator of supermarkets, hypermarkets, and other retail operations is...
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