Decathlon Weighs $689 Million Sale and Leaseback Program

Decathlon SA is considering selling and leasing back stores in a bid to raise capital as the cost of borrowing increases.

The French retailer has appointed Rothschild & Co. to advise on the sale of a portfolio of its properties valued at about 700 million euros ($689 million), according to people with knowledge of the matter. The process is at an early stage and the exact size of the disposal could still change, the people added, asking not to be identified as the plan is private.

“We are currently considering launching a sale and lease back program,” a spokesperson for ...