Creating and distributing additional copies is prohibited without the permission of the publisher. Contact

Nemak Tightens, Upsizes Debut

Feb 22, 2013

Mexico’s Tenedora Nemak has raised $500m in its international DCM debut, getting $3.25bn in demand and upsizing from $300m expectations. Despite a softer market backdrop Thursday, the Ba2/BB minus Grupo Alfa auto parts manufacturer priced the 2023 NC5 at par with a 5.50% coupon, to yield UST+353.8bp,...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Will ABS become more interesting for LatAm borrowers as US monetary policy normalizes?


Printing isn't available for this page.