S&P Weighs in On South American Nike Distributor
Todoplay LLC, a sportswear retailer and distributor with 243 stores in the Andean region, plans to issue up to $400 million in secured notes to refinance all of its outstanding debt, scoring a B+ preliminary issuer credit rating from S&P Global for the company and the proposed notes. For the twelve months ended Sep. 30, 2024, Todoplay had revenue of $717.7 million with an EBITDA margin of 10.7%. The retailer operates several subsidiaries in the region, including Superdeporte Plus Perú S.A.C. and Equinox International S.A.C. in ... Log in to view full article.