April 11, 2022 |
Chilean shopping mall operator Mallplaza said it raised UF3 million ($116 million) in the sale of 21-year inflation-linked notes on Thursday to refinance debt and fund investments.
The company, owned by Chilean department store Falabella, said it priced the bullet bonds at a rate of 3.6%, equal to 135 basis points over the benchmark interest rate.
The issue drew "high demand," a reflection of the strong investor confidence in Mallplaza's finances, earnings results and long-term business model, P
Chilean mall operator brings in $117 mln from the sale of 21-year, inflation-linked bonds