December 24, 2020 |
Chilean food retailer SMU said Wednesday that it raised UF3 million ($122 million) in the sale of bonds on the local market, a day after a private university tapped the market as a telecommunications company preps a deal.
SMU, which runs the Unimarc supermarket and other chains, sold the four-year notes at an interest rate of 3.15% in an oversubscribed deal arranged by Credicorp, according to a securities filing.
The company said it will use the proceeds from the deal, which comes with a one-yea
Chilean food retailer follows UdeC in tapping the local market as GTD preps a deal of its own