La Polar Puts Equity Sale in Motion

La Polar Puts Equity Sale in Motion

Chile Equity

Chilean retailer La Polar plans to start during the next three weeks a roadshow for an approximately $220m-equivalent equity capital increase, according to sources familiar with the sale. Details are still unclear, as the issuer is waiting for the official go-ahead from regulators for the transaction, which La Polar aims to conclude by October. The retailer plans to visit Chile, Mexico, Peru, Colombia and Brazil to market the deal, according to remarks from Chairman Cesar Barros cited in local m

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