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Alpek Returns for $300m

Aug 6, 2013

Mexican petrochemical producer Alpek has priced a $300m 2023 bond, getting over $700m in demand in its second-ever international issuance. The BBB minus/Baa3 Grupo Alfa-controlled polyester and plastics specialist priced at par with a 5.375% coupon to yield...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management