AD Retail details restructuring agreement

AD Retail details restructuring agreement

Debt Equity Loans Capital Markets Chile Andean

Chilean holding company AD Retail, which operates the retailers Abcdin and Dijon, stands to receive CLP90 billion ($114 million) in financing from creditors and shareholders to restructure pressing debts and maintain operations, according to a securities filing. AD Retail will repackage all its debts under the restructuring agreement with two options for creditors. The lenders that provide an additional CLP57.2 billion in funding for the company's consumer finance division Cofisa, AD Retail will

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial