May 21, 2019 |
Chilean retailer looks to raise $267m from the sale of 123m new shares
Chile's Cencosud said it has priced an upcoming equity offering, aiming to raise CLP186bn ($267m) from the sale of shares in the Santiago stock market.
The retail company plans to sell 123m new shares for CLP1,513 each in the equity offering, it said in a securities filing.
Cencosud also said it earned UF10m ($396m) from a two-part bullet bond deal in the local market.
The company issued UF7m in 10-year notes at a fixed rate of 1.79% and UF3m in 25-year notes at 2.24%, it said in a separate securities filing.