Cencosud retains Philippi and Milbank to plan US$2.5 billion financing

Philippi, Yrarrázaval, Pulido & Brunner and the New York office of Milbank, Tweed, Hadley & McCloy LLP are helping Cencosud gain approval for a US$1.5 billion capital increase and US$1 billion bond issuance to repay a loan used by the Chilean retailer to buy Carrefour’s Colombian supermarket arm.

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