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Published on 1/23/2014 in the Prospect News Emerging Markets Daily.

New Issue: Mexico's Famsa prices upsized $60 million one-year notes at 6 1/8%

By Christine Van Dusen

Atlanta, Jan. 22 - Mexico's Grupo Famsa SAB de CV priced $60 million of 6 1/8% notes due Jan. 28, 2015 at par to yield 6 1/8%, a market source said.

The Regulation S notes priced tighter than talk that had been set at 6¼% to 6½%.

Espirito Santo Investment Bank was the bookrunner for the unrated deal.

Grupo Famsa is a retail company based in Monterrey, Mexico.

Issuer:Grupo Famsa SAB de CV
Amount:$60 million
Maturity:Jan. 28, 2015
Description:Senior notes
Bookrunner:Espirito Santo Investment Bank
Coupon:6 1/8%
Price:Par
Yield:6 1/8%
Trade date:Jan. 23
Settlement date:Jan. 28
Distribution:Regulation S
Price talk:6¼% to 6½%

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