August 15, 2022 |
Chilean department store chain Falabella said it sold UF4 million ($152 million) worth of inflation-linked bonds in the local market to pay down debt, cover investments and use as working capital, according to a securities filing.
The company sold UF3 million in a nine-year bond at a price to pay UF plus 2.81%, it said.
The other UF1 million was raised through the sale of a UF1 million bond maturing in 2028 paying UF plus 2.69%. UFs, or unidades de fomento, are a unit of account adjusted for inf
Chilean retailer sells $152 mln worth of inflation-linked notes