Falabella will sell assets to reduce debt
What: After plummeting indicators for the third consecutive quarter, Falabella will sell assets to reduce its debt, which is already around USD 5bn dollars.
Why it is important: The project includes the sale of stand-alone stores, distribution centers and the former offices of the Sodimac chain located in Renca, for an estimated total of USD 400mn. Falabella considers other actions that cannot be disclosed yet.
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