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Article: chile : Falabella to Sell Up to $285 Million Bonds Next Week.
- Article from:
- TendersInfo
- Article date:
- April 25, 2009
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Byline: sanjayc03
SACI Falabella SA, Chile s biggest department-store operator, will offer up to 168 billion pesos ($285 million) of bonds next week after completing presentations to investors today, according to an investment banker managing the transaction.
Falabella plans to take orders for the notes early next week and finish the sale April 29, Sebastian Cereceda, Larrain Vial SA s head of corporate finance, said today in an interview at his Santiago office.
Falabella will tap Chile s liquid institutional investors, including pension funds with $82 billion of assets under management, to refinance debt after bond yield spreads fell by about a ...