{"id":9718,"date":"2026-07-02T17:02:17","date_gmt":"2026-07-02T21:02:17","guid":{"rendered":"https:\/\/investors.grupofalabella.com\/english\/?p=9718"},"modified":"2026-07-02T17:02:58","modified_gmt":"2026-07-02T21:02:58","slug":"feller-rate-upgrades-grupo-falabella-rating-and-reaffirms-its-strong-financial-position","status":"publish","type":"post","link":"https:\/\/investors.grupofalabella.com\/english\/2026\/07\/02\/feller-rate-upgrades-grupo-falabella-rating-and-reaffirms-its-strong-financial-position\/","title":{"rendered":"Feller Rate Upgrades Grupo Falabella Rating and Reaffirms Its Strong Financial Position"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>The agency upgraded Falabella S.A.\u2019s issuer credit rating from\u00a0AA- to AA, with a\u00a0Stable Outlook, highlighting the sustained strengthening of its credit profile, improved cash flow generation, and debt reduction.The agency upgraded Falabella S.A.\u2019s issuer credit rating from\u00a0AA- to AA, with a\u00a0Stable Outlook, highlighting the sustained strengthening of its credit profile, improved cash flow generation, and debt reduction.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It also upgraded\u00a0Banco Falabella\u2019s\u00a0rating from\u00a0AA to AA+, with a\u00a0Stable Outlook, reflecting its strong financial performance, earnings-generation capacity, and customer growth.<\/li>\n<\/ul>\n\n\n\n<p><strong>Santiago, Chile, July 2<\/strong>\u00a0\u2013 Feller Rate upgraded the issuer credit rating and bond program rating of\u00a0Falabella S.A.\u00a0from\u00a0AA- to AA, with a\u00a0Stable Outlook, and upgraded its share rating from\u00a0First Class Level 2 to First Class Level 1. The decision reflects the Company\u2019s sustained strengthening of its financial position over recent years, driven by stronger cash flow generation and a financial strategy focused on deleveraging and reinforcing liquidity.<\/p>\n\n\n\n<p>In its report, the agency highlighted the recovery and diversification of\u00a0Grupo Falabella\u00a0earnings sources, noting the increased contribution from its real estate and banking operations, which provide greater stability to the Company\u2019s consolidated profile. Feller Rate also emphasized that the combination of stronger operating cash generation, high cash balances, and lower net financial debt has led to a significant improvement in leverage, coverage, and liquidity metrics, placing them within ranges consistent with a solid financial position.<\/p>\n\n\n\n<p>\u201cThis upgrade recognizes tangible progress in our financial management, particularly in debt reduction, liquidity, and cash generation. Maintaining this discipline is key for us, as it provides greater flexibility to support the Group\u2019s growth with a strong capital structure,\u201d said\u00a0Juan Pablo Harrison, Grupo Falabella Corporate Administration and Finance Manager.<\/p>\n\n\n\n<p>At the same time, Feller Rate upgraded\u00a0Banco Falabella\u2019s\u00a0issuer credit rating from\u00a0AA to AA+, with a\u00a0Stable Outlook, while also improving the ratings of its publicly offered instruments. The rating agency highlighted the bank\u2019s strong financial performance, growing returns, ability to expand its operations, progress in customer growth and diversification, as well as its broad depositor base.<\/p>\n\n\n\n<p>Falabella Group\u2019s new rating follows recent international assessments, after\u00a0Fitch Ratings\u00a0and\u00a0S&amp;P Global Ratings\u00a0assigned the Company\u00a0investment-grade status. This further strengthens Falabella\u2019s financial position as it executes its growth strategy, enhances its technological and commercial capabilities, and continues to capture long-term opportunities.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Santiago, Chile, July 2\u00a0\u2013 Feller Rate upgraded the issuer credit rating and bond program rating of\u00a0Falabella S.A.\u00a0from\u00a0AA- to AA, with a\u00a0Stable Outlook, and upgraded its share rating from\u00a0First Class Level 2 to First Class Level 1. The decision reflects the Company\u2019s sustained strengthening of its financial position over recent years, driven by stronger cash flow [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":9645,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"business_unit":[28],"class_list":["post-9718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria","business_unit-grupo-falabella"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Feller Rate Upgrades Grupo Falabella Rating and Reaffirms Its Strong Financial Position - Falabella (English version)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.grupofalabella.com\/english\/2026\/07\/02\/feller-rate-upgrades-grupo-falabella-rating-and-reaffirms-its-strong-financial-position\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Feller Rate Upgrades Grupo Falabella Rating and Reaffirms Its Strong Financial Position - Falabella (English version)\" \/>\n<meta property=\"og:description\" content=\"Santiago, Chile, July 2\u00a0\u2013 Feller Rate upgraded the issuer credit rating and bond program rating of\u00a0Falabella S.A.\u00a0from\u00a0AA- to AA, with a\u00a0Stable Outlook, and upgraded its share rating from\u00a0First Class Level 2 to First Class Level 1. 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