Mexico’s Femsa plans to price tap of 3½% senior notes due 2050

By Marisa Wong

Los Angeles, June 22 – Fomento Economico Mexicano, SAB de CV plans to price additional 3½% senior notes due 2050, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be part of the same series as and will be fungible with the original $1.5 billion of 3½% notes due 2050 issued on Jan. 16 and the $300 million add-on issued on Feb. 12.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are joint bookrunners for the new offering.

Proceeds will be used for general corporate purposes.

Femsa is a Monterrey, Mexico-based Coca-Cola bottler.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.