Chile’s Falabella starts roadshow for up to $400 million of intermediate-duration notes

By Rebecca Melvin

New York, Oct. 18 – Chile’s SACI Falabella began a roadshow on Wednesday for up to $400 million of intermediate maturity senior unsecured notes (expected ratings: /BBB+/BBB+), a market source said.

The retailer has mandated HSBC, JPMorgan, and Santander as bookrunners to organize the fixed-income investor meetings in Lima, New York, London and Boston, with calls including Los Angeles through Friday.

Proceeds of the Rule 144A and Regulation S notes will be used to refinance debt.

Falabella is a retail company based in Santiago.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.