Falabella Adds First Corporate Global CLP

Apr 26, 2013

Falabella has raised $750m in its debut visit to the international bond market, adding the first-ever Chilean corporate CLP tranche to a planned dollar bond after getting reverse interest. The Chilean retailer drew more than $3bn demand for a $500m dollar portion and saw the $200m-equivalent CLP portion draw about $400m...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management