InRetail looks local

InRetail looks local

Corporate & Sovereign Strategy

Peruvian retailer InRetail Shopping Malls is considering a local bond sale of PEN100m ($36m) to PEN150m following its cross-border debut earlier this month, LatinFinance understands. The note is set to have a 20-year tenor, according to Fitch, which rates the instrument BB on a local scale. The ratings agency said the deal could be as large as PEN200m, although LatinFinance understands the borrower is unlikely issue such a size. The company is considering a soles-denominated bond to match its re

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