October 28, 2022 |
Chilean department store chain Falabella could issue as much as UF5 million ($183 million) worth of inflation-linked bonds in the local market to fund investments and pay off debt, Fitch Ratings said.
The company is expected to issue four series of 10-year bonds and two series of 30-year notes, Fitch said in a report on Wednesday.
Fitch assigned the proposed notes a AA(cl) rating on the local scale.
Falabella tapped the local bond market in August this year, issuing UF4 million worth of inflatio
Chilean retailer is expected to issue $183 mln in 10- and 30-year notes in the local market