Kuo Targets 10-Year

Kuo Targets 10-Year

Mexico Bonds

Mexican holdco Grupo Kuo is aiming for a new $250m 2022 bond, according to Fitch which assigns a BB rating to the deal. Kuo is to head out on the road Monday through Wednesday of next week, as it looks to fund a tender offer for all of its $250m 9.75% 2017 bonds. Kuo is offering holders $1,053.75 cash per $1,000 principal before the November 30 early deadline, and $1,023.75 per $1,000 after, through the December 14 final deadline. The offer is contingent on the bond deal. Credit Suisse is managi

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