April 19, 2018 |
Peru's InRetail is meeting investors to pitch a possible bond sale to refinance the $1bn bridge loan it got in January to acquire the pharmaceutical retailer Quicorp, sources confirmed.
InRetail is looking to raise $550m in the cross-border bond market and will make stops in Lima, Santiago, Switzerland, London, Los Angeles, Boston and New York through next Tuesday, a debt capital markets banker said. Citi, Credit Suisse and JPMorgan are coordinating the investor meetings.
S&P Global Ratings
Peruvian retailer meets investors ahead of a likely $550m deal