Chile Retailer Displays COP Bonds

Chile Retailer Displays COP Bonds


Falabella’s CMR Falabella credit services unit is preparing to sell up to COP200bn ($100m) in domestic bonds, the first in the Colombian market for the Chilean retailer or any of its subsidiaries. The final terms have not been set, but Falabella can choose between maturities ranging from 2011-2016, and can issue at a fixed rate or at rates linked to inflation or the DTF benchmark, according to a company official. The timing also remains to be set, but should be before the end of the year, the of

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