Chile’s Falabella plans to offer new notes to fund tender offer

Chicago, Oct. 4 – Falabella SA is planning to offer new notes in conjunction with a tender offer for up to $550 million for two existing series of notes, according to a press release.

The company has conditioned the tender offers on the new offering of notes providing enough cash to fund the tender offers.

The new notes offering, however, is not conditioned upon the tender offers.

Falabella is a retail company based in Santiago.

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