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Supply Chain's Big Reunion is Coming to Blue Yonder ICON 2022, May 23-25

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

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Global FoodBanking Network Helps Food Banks in Paraguay and Peru

Global FoodBanking Network Helps Food Banks in Paraguay and Peru
SOUTHINGTON, Connecticut The Global FoodBanking Network (GFN) is a non-profit organization that connects food banks across more than 44 countries. It emerged as food banks became essential for global COVID-19 support. The GFN increased 2019 food assistance output to 16.9 million people. Meanwhile, the impact of the COVID-19 pandemic necessitated food distribution efforts that reached 27.6 million people as of October 2020. The GFN requested donations from the public as the organization noted the 2 billion people faced food insecurity before the pandemic, with the numbers likely continuing to rise. The network believes in working in numbers and connecting 191,000 volunteers to the tens of millions who look to food banks to meet basic nutritional needs. ....

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InRetail Peru seeks more liquidity in bonds with larger deal, first IG rating

InRetail Peru seeks more liquidity in bonds with larger deal, first IG rating
globalcapital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcapital.com Daily Mail and Mail on Sunday newspapers.

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InRetail takes bridge loan for Makro acquisition in Peru

InRetail takes bridge loan for Makro acquisition in Peru
InRetail takes bridge loan for Makro acquisition in Peru
January 7, 2021
Lima-based retail holding company gets $375 mln in short-term financing from JPMorgan
LoansDebtM&APeruAndeanEurope
InRetail Perú Corp. has taken out a bridge loan for $375 million from JPMorgan to finance the acquisition of Makro Supermayorista in Peru from Dutch group SHV, according to Skadden, its legal adviser on the deal.
InRetail said on December 23 that its subsidiary Supermercados Peruanos had agreed to buy wholesale retailer Makro for $360 million. The acquisition involves 16 stores that recorded PEN1.81 billion ($499 million) in sales in 2019.
With the short-term financing, InRetail s leverage ratio ....

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