December 16, 2019
Colombian retailer Grupo Éxito said it has paid off three loans worth the equivalent of $1.39 billion as the company changes owners in Groupe Casino's reorganization of assets in Latin America.
Éxito paid back a dollar-denominated syndicated loan for $450 million from nine international lenders as well as a syndicated loan in pesos for COP2.35 trillion ($694 million) from seven banks and a club deal for COP838 billion from four lenders, it said in a securities filing.
Éxito signed the three-year
Colombian retailer pays off $1.4 bln in loans and lowers it debt levels to $59 mln