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Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year

Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year
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Santiago , Regióetropolitana , Chile , United-states , Mexico , American , Chilean , Mexican , Enrique-ostale , Gaston-bottazzinni , Alejandro-gonz , Fitch-ratings

Chilean retailer Falabella aims to close several major asset sales

Falabella SA, Chile’s second-largest retail group by sales, expects to close several more “major” asset sales this year as part of its plan to raise US$850mil to US$1bil and help improve its credit metrics, says chief executive officer Alejandro Gonzalez.

Chile , Santiago , Regióetropolitana , Mexico , United-states , Mexican , Chilean , American , Enrique-ostale , Gaston-bottazzinni , Alejandro-gonzalez , Bloomberg