Falabella to return to Colombian bond market

Falabella to return to Colombian bond market

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Colombia Chile Commerce

Banco Falabella, the consumer credit division of Chilean retailer Falabella, is looking to issue up to COP600 billion ($153 million) in bonds in Colombia, Fitch Ratings said in a report on Thursday. The consumer lender could price multiple series of peso-denominated notes at fixed or floating rates with maturities from one to 10 years, Fitch said. Fitch gave the bond a AAA rating on the local scale, saying Banco Falabella can count on support from the parent company in case of default. Banco Fal

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