Chilean retailer Cencosud has set the price at which shares in the company will begin trading in New York.

The company is offering a mix of shares and American Depository Shares as it looks to raise funds for expansion, to pay down debt and buy the remainder of its subsidiary Jumbo Retail Argentina.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Over 45.5m shares are being offered at CLP2,600 (US$5.19) per share. Almost 45.8m ADSs, which equate to three shares of common stock, are being offered at US$15.61 and will being trading today (22 June).

In February, Cencosud said it would spend around $1.28bn on opening new stores this year. The company is Latin America’s third-largest retailer and plans to open outlets in Chile, Brazil, Peru, Argentina and Colombia.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact