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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 5/19/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Mexico’s Femsa to redeem 1¾% notes due 2023 at 103.915

By Wendy Van Sickle

Columbus, Ohio, May 19 – Fomento Economico Mexicano SAB de CV announced the price at which it will redeem its 1¾% senior notes due 2023, according to a news release.

The notes will be redeemed at €1,039.15 per €1,000 principal amount, calculated using the Bund rate plus 30 basis points, plus interest.

The redemption date will be May 23, as previously reported.

Funding for the redemption is coming from €1.2 billion of new notes in two tranches.

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


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